Trailnet Inc

Analysis

Trailnet Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 1989, 37 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, Trailnet Inc reported income of $1.1m and spending of $976k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $901k to $1.1m (+18%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trailnet Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include East Coast Volleyball Academy ($1.1m), Rancho Santa Fe Youth Soccer ($1.1m) and Union County Elite FC Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $112k (12% of expenses). Other salaries and wages came to $440k. At year end it held assets of $1.3m against liabilities of $764k, net assets of $539k. It reported 15 employees.