Tracking Project Inc

Analysis

Tracking Project Inc is a registered charity in United States, based in Corrales, NM. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Tracking Project Inc reported income of $70k and spending of $109k, spending 156% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $115k to $70k (-39%), an average of -12% a year. The sharpest change came in the year to September 2022, when income dropped by 50%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tracking Project Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within NM. Charities of a similar size with the same main cause include Trustees of Dartmouth College ($70k), PTA Ohio Congress ($70k) and Parent Booster USA Inc ($70k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.