Los Angeles Jets Track Club

Analysis

Los Angeles Jets Track Club is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in December 1989, 37 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 August 2024, Los Angeles Jets Track Club reported income of $175k and spending of $167k, spending 95% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $169k to $175k (+3.6%), an average of +0.7% a year. The sharpest change came in the year to August 2023, when income rose by 236%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Los Angeles Jets Track Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Friends of Prairie Bridges ($175k), Centennial Youth Lacrosse Association ($175k) and Little League Baseball Inc ($175k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $8,367 against liabilities of $0, net assets of $8,367.