Pro Flat Track Ama Rookie Class of 79 and Friends Fund

Analysis

Pro Flat Track Ama Rookie Class of 79 and Friends Fund is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Pro Flat Track Ama Rookie Class of 79 and Friends Fund reported income of $386k and spending of $271k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $386k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Flat Track Ama Rookie Class of 79 and Friends Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Highland Terrace Housing Corp ($386k), Benicia First Corporation ($386k) and National Christian Charitable Foundation Inc ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $26k (9.6% of expenses). Other salaries and wages came to $2,652. At year end it held assets of $177k against liabilities of $1,093, net assets of $176k. It reported 2 employees.