Brooklyn Track Club Association Inc

Analysis

Brooklyn Track Club Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brooklyn Track Club Association Inc reported income of $256k and spending of $264k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $256k (+6.5%), an average of +6.5% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brooklyn Track Club Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Coeur Dalene Area Swim Team Inc ($256k), Community Swim Club Inc ($256k) and Seneca Valley Hockey Association ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $29k (11% of expenses). At year end it held assets of $114k against liabilities of $1,667, net assets of $112k.