Tread Lightly Inc

Analysis

Tread Lightly Inc is a registered charity in United States, based in N Salt Lake, UT. It received its IRS tax-exemption ruling in October 1991, 35 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 September 2023, Tread Lightly Inc reported income of $3.0m and spending of $2.2m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $3.0m (+99%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tread Lightly Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Portland Community Squash ($3.0m), Amateur Athletic Union of the United States Inc ($3.0m) and Old Greenwich-Riverside Community Center Inc ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Other salaries and wages came to $849k. At year end it held assets of $2.4m against liabilities of $99k, net assets of $2.3m. It reported 23 employees.