Woodstock Track & Field

Analysis

Woodstock Track & Field is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in January 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 May 2024, Woodstock Track & Field reported income of $61k and spending of $61k, spending 99% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $77k to $61k (-21%), an average of -21% a year. The sharpest change came in the year to May 2024, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodstock Track & Field sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Middleton Youth Baseball & Softball Association Inc ($61k), Elite Soccer Community Organization NFP ($61k) and Sno-Trails Snowmobile Club Inc ($61k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 23% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.