Star Track Cycling Inc

Analysis

Star Track Cycling Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2016, 10 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, Star Track Cycling Inc reported income of $376k and spending of $349k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $324k to $376k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Star Track Cycling Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Pedro Menendez High School Athletic Boosters Club Inc ($376k), Friends of Front Range Wildlife Refuges ($376k) and Sportmatrix Corp ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (18% of expenses). Other salaries and wages came to $17k. At year end it held assets of $233k against liabilities of $17k, net assets of $216k. It reported 6 employees.