New York Track & Field Inc

Analysis

New York Track & Field Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York Track & Field Inc reported income of $165k and spending of $209k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $449k to $165k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 243%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New York Track & Field Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Egg Harbor Township Youth Softball ($165k), Tampa Bay Skating Club ($165k) and Little League Baseball Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2,263 (1.1% of expenses). At year end it held assets of $355k against liabilities of $11k, net assets of $344k.