Lincoln Youth Track Club

Analysis

Lincoln Youth Track Club is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2023, Lincoln Youth Track Club reported income of $51k and spending of $46k, spending 90% of its income. Across the 4 years on record, from January 2020 to January 2023, income grew from $42k to $51k (+21%), an average of +6.6% a year. The sharpest change came in the year to January 2021, when income dropped by 100%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Youth Track Club sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Halifax Midget League Inc ($51k), Wappingers Youth Lacrosse Club Inc ($51k) and Forward Tees Foundation Incorporated ($51k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $564k against liabilities of $278, net assets of $564k.