Race Track Chaplaincy of California

Analysis

Race Track Chaplaincy of California is a registered charity in United States, based in Pico Rivera, CA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Race Track Chaplaincy of California reported income of $114k and spending of $130k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $114k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Race Track Chaplaincy of California sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($114k), River Upstate ($114k) and National Federation of the Blind ($114k).

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 $129k against liabilities of $0, net assets of $129k.