The USA Track & Field Foundation Inc

Analysis

The USA Track & Field Foundation Inc is a registered charity in United States, based in Salem, OH. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, The USA Track & Field Foundation Inc reported income of $5.0m and spending of $4.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $5.0m (+220%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 402%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The USA Track & Field Foundation Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include North American Camp Trust Inc ($5.0m), Scott Appalachian Industries ($5.0m) and Community Integrated Support Services Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $320k (7.4% of expenses). Other salaries and wages came to $27k. It paid $53k in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $343k, net assets of $4.8m. It reported 4 employees.