Fast Feet Running and Athletics Inc

Analysis

Fast Feet Running and Athletics Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. 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, Fast Feet Running and Athletics Inc reported income of $502k and spending of $322k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $280k to $502k (+79%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fast Feet Running and Athletics Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Service to School ($502k), Volunteers of America Inc ($502k) and Ice Center of Washington West Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $71k (22% of expenses). Other salaries and wages came to $114k. At year end it held assets of $327k against liabilities of $0, net assets of $327k. It reported 3 employees.