Central Park Track Club Corporation

Analysis

Central Park Track Club Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2008, 18 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, Central Park Track Club Corporation reported income of $529k and spending of $445k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $529k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Park Track Club Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include White Plains Youth Soccer Assoc Inc ($529k), Agsa Corp ($530k) and Mountain View Community Center ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 16% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.