Vipers Track Club

Analysis

Vipers Track Club is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in November 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 (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, Vipers Track Club reported income of $73k and spending of $80k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $73k (+6.0%), an average of +6.0% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vipers Track Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Southwest Rugby Union Limited ($73k), Cambridge-Isanti Grand Slammers ($73k) and Skyline Football Boosters ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $7,863 against liabilities of $0, net assets of $7,863.