Charlottesville Track Club Inc

Analysis

Charlottesville Track Club Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in April 2023, 3 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 September 2024, Charlottesville Track Club Inc reported income of $412k and spending of $410k, spending 100% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $356k to $412k (+16%), an average of +16% a year. The sharpest change came in the year to September 2024, when income rose by 16%. 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, Charlottesville Track Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Bridgeport Youth Lacrosse ($412k), Kings Ice Hockey Club ($412k) and North Texas High School Rodeo Association ($412k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $196k against liabilities of $92k, net assets of $104k.