Tracy City Center Association

Analysis

Tracy City Center Association is a registered charity in United States, based in Tracy, CA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Tracy City Center Association reported income of $511k and spending of $561k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $359k to $511k (+42%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 142%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tracy City Center Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include LA Fuerza Unida Community Development Corporation ($511k), Food Roots ($511k) and Upper Albany Neighborhood Collaborative Inc ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $117k. At year end it held assets of $71k against liabilities of $7,442, net assets of $63k. It reported 4 employees.