Camel City Track Foundation

Analysis

Camel City Track Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in November 2015, 11 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, Camel City Track Foundation reported income of $56k and spending of $63k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $56k (-11%), an average of -10% a year. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camel City Track Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Lakeshore Region Volleyball Association Inc ($56k), Westbank Futbol Club ($56k) and Kids Play Tennis Community Outreach Program Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $11k, net assets of $49k.