Waltham Track Club

Analysis

Waltham Track Club is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Waltham Track Club reported income of $133k and spending of $76k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $133k (+13%), an average of +13% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waltham Track Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($133k), Frances M & E Lester Williams Charitable Trust ($133k) and Dementia Friendly Fort Worth of First United Methodist Church of F ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.