Fort Wayne Trails Inc

Analysis

Fort Wayne Trails Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 2004, 22 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 June 2023, Fort Wayne Trails Inc reported income of $687k and spending of $400k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $413k to $687k (+66%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Wayne Trails Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include University Athletic Association Inc ($687k), Los Fresnos Rodeo Committee Inc ($688k) and American Gaelic Games ($687k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $90k (22% of expenses). Other salaries and wages came to $114k. At year end it held assets of $1.5m against liabilities of $2,694, net assets of $1.5m. It reported 4 employees.