Inside Track Wow Foundation Inc

Analysis

Inside Track Wow Foundation Inc is a registered charity in United States, based in Piney Flats, TN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Inside Track Wow Foundation Inc reported income of $70k and spending of $87k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $141k to $70k (-50%), an average of -29% a year. The sharpest change came in the year to December 2023, when income rose by 230%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inside Track Wow Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Frisco Moms Care ($70k), Jazz Education Inc ($70k) and Hazelton Development Corporation ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $61k, net assets of $7,961.