Falmouth Track Club

Analysis

Falmouth Track Club is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in March 1992, 34 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 December 2023, Falmouth Track Club reported income of $147k and spending of $115k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $147k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 359%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Falmouth Track Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Wall Knights Family Foundation Inc ($147k), Lillian Recreational Park Inc ($147k) and East Moline Silvis Soccer Club ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 1.1% of the total. Other salaries and wages came to $27k. At year end it held assets of $189k against liabilities of $0, net assets of $189k. It reported 1 employees.