Track Houston Youth Track Club

Analysis

Track Houston Youth Track Club is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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 October 2023, Track Houston Youth Track Club reported income of $155k and spending of $174k, spending 112% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $303k to $155k (-49%), an average of -15% a year. The sharpest change came in the year to October 2021, when income rose by 222%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Track Houston Youth Track Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Friends of the Brown County Library Inc ($155k), Loma Linda School Foundation ($155k) and Burn Pits 360 ($155k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.