Track Town USA Inc

Analysis

Track Town USA Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 2013, 13 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, Track Town USA Inc reported income of $12.8m and spending of $13.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $12.8m (+145%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Track Town USA Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Usta Player Development Incorporated ($12.7m), Minneapolis Parks Foundation ($12.8m) and Wisconsin Interscholastic Athletic Association ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $232k (1.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.9m against liabilities of $5,260, net assets of $1.9m. It reported 39 employees.