Newton Trails Inc

Analysis

Newton Trails Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in January 1998, 28 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, Newton Trails Inc reported income of $699k and spending of $139k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $699k (+754%), an average of +192% a year. The sharpest change came in the year to December 2022, when income rose by 265%. Over the whole period it spent 42% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newton Trails Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Lexington County Soccer Club ($699k), Ofc Properties Inc ($699k) and Grand Junction Baseball Committee Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $849k against liabilities of $0, net assets of $849k.