Wakefield Track Boosters Club

Analysis

Wakefield Track Boosters Club is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wakefield Track Boosters Club reported income of $53k and spending of $41k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $53k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wakefield Track Boosters Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Korean American Naju Association of the Greater New York Inc ($53k), Riverside Training Program Inc ($53k) and Albion Area Public Library ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 29% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.