Inside Track Resources Inc

Analysis

Inside Track Resources Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Inside Track Resources Inc reported income of $388k and spending of $176k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $342k to $388k (+13%), an average of +13% a year. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inside Track Resources Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within OK. Charities of a similar size with the same main cause include West Michigan Hispanic Chamber of Commerce Foundation ($387k), Assistance League of Hawaii ($388k) and Rema 4 US Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. At year end it held assets of $416k against liabilities of $129k, net assets of $287k.