Running USA Inc

Analysis

Running USA Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Running USA Inc reported income of $817k and spending of $936k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to March 2023, income fell from $865k to $817k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to March 2022, when income rose by 548%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Running USA Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include USA Swimming Inc ($816k), Road Runners Club of America ($817k) and Massapequa Soccer Club Inc ($816k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $178k (19% of expenses). Other salaries and wages came to $127k. At year end it held assets of $539k against liabilities of $414k, net assets of $125k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.