Atlanta Track Club Inc
Analysis
Atlanta Track Club Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2003, 23 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 2022, Atlanta Track Club Inc reported income of $10.0m and spending of $10.8m, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $10.6m to $10.0m (-5.4%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 104% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atlanta Track Club Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Oaks Park Association ($10.0m), NC Triad Fusion Inc ($10.0m) and St Louis Scott Gallagher Foundation ($10.0m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $663k (6.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.1m against liabilities of $1.7m, net assets of $3.4m. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 53%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oaks Park Association | Portland | $10.0m |
| NC Triad Fusion Inc | Advance | $10.0m |
| St Louis Scott Gallagher Foundation | Fenton | $10.0m |
| Alaska State Fair Incorporated | Palmer | $10.1m |