TPhilanthropy, Voluntarism & GrantmakingEIN: 561331429· Ruling Year: 1982

Speedway Childrens Charities

Concord, North Carolina

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.18×
Peer Median15.61×
💰
$5.5M
Total Revenue
📊
$5.8M
Total Expenses
🏦
$1.0M
Net Assets
📋
$199K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.7%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.18
Net assets divided by total expenses
Liabilities-to-Assets
16.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$5,525,47014%$5,792,26743%$1,214,20017%
2022$4,860,13553%$4,046,81835%$1,470,63982%
2021$3,172,74481%$2,991,16250%$809,43495%
2020$1,752,353249%$2,000,69337%$415,79241%
2019$501,48288%$3,156,64223%$703,01579%
2019$4,349,49514%$4,103,052$3,387,7234%
2018$3,828,9911%$4,087,6554%$3,242,5265%
2017$3,850,1464%$3,925,13610%$3,422,3135%
2016$3,707,8405%$3,570,94322%$3,616,0626%
2015$3,544,31716%$2,928,14317%$3,400,28210%
2014$3,063,52612%$3,537,79914%$3,095,11014%
2013$3,488,17911%$3,104,6297%$3,599,5361%
2012$3,147,0976%$3,328,02023%$3,579,83714%
2011$3,363,400$4,310,500$4,142,088

Frequently Asked Questions

What does Speedway Childrens Charities do?

Speedway Childrens Charities is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T120 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Speedway Childrens Charities financially healthy?

Based on our 9-metric Financial Health Score model, Speedway Childrens Charities has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Speedway Childrens Charities generate?

Speedway Childrens Charities reports $5.4M in annual revenue and holds $1.2M in total assets, based on IRS filings.

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