Track II Unit Inc

Analysis

Track II Unit Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Track II Unit Inc reported income of $212k and spending of $260k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $247k to $212k (-14%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 123% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Track II Unit Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Yahve-Jire Childrens Foundation US ($211k), Chalice Inc ($212k) and Northern Thailand Impact Ministry ($211k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $83k (32% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1,374 against liabilities of $0, net assets of $1,374. It reported 2 employees.

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.