Newton Turkey Trot

Analysis

Newton Turkey Trot is a registered charity in United States, based in Waban, MA. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2024, Newton Turkey Trot reported income of $81k and spending of $86k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $7,603 to $81k (+967%), an average of +227% a year. The sharpest change came in the year to June 2023, when income rose by 818%. Over the whole period it spent 135% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newton Turkey Trot sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Lake Saint Louis Water Ski Club ($81k), Little League Baseball Inc ($81k) and Bass River Sailing School Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.