Great Southwest Track and Field Classic Inc

Analysis

Great Southwest Track and Field Classic Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 2022, 4 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 September 2023, Great Southwest Track and Field Classic Inc reported income of $67k and spending of $64k, spending 96% of its income. Across the 6 years on record, from December 2018 to September 2023, income fell from $105k to $67k (-37%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 2232%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Southwest Track and Field Classic Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within NM. Charities of a similar size with the same main cause include Friends of Schuylkill Parks and Recreation ($67k), Upper Township Fall Baseball Inc ($67k) and Fitlot Inc ($67k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $3,546 against liabilities of $0, net assets of $3,546.