Charleston Running Club Inc
EIN: 570878770 · Charleston, SC · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $42K |
| Net Assets | $29K |
Is Charleston Running Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charleston Running Club Inc
Charleston Running Club Inc (EIN: 570878770) is a nonprofit organization based in Charleston, SC, classified under NTEE code N60. The organization reported total revenue of $156K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charleston Running Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charleston Running Club Inc is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $42K |
| Surplus / Deficit | $-22,449 |
| Total Assets | $62K |
| Total Liabilities | $32K |
| Net Assets | $29K |
| Operating Margin | -117.8% |
| Debt-to-Asset Ratio | 52.6% |
| Months of Reserves | 17.8 months |
Financial Health Grade: C
In 2023, Charleston Running Club Inc reported a deficit of $22K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 52.6% (high leverage).
Financial Trends
Over 8 years of filings (2015–2023), Charleston Running Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.7% | +95.1% | +15.8% |
| 2022 | +162.7% | -37.7% | +54.7% |
| 2021 | -62.7% | +489.6% | -37.6% |
| 2020 | +252.9% | -79.6% | +18.8% |
| 2019 | -9.6% | +84.6% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charleston Running Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charleston Running Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.6%.
Frequently Asked Questions about Charleston Running Club Inc
Is Charleston Running Club Inc a legitimate charity?
Charleston Running Club Inc (EIN: 570878770) is a registered tax-exempt nonprofit based in South Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. Financial health grade: C.
How does Charleston Running Club Inc spend its money?
Charleston Running Club Inc reported $156K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charleston Running Club Inc tax-deductible?
Charleston Running Club Inc is registered as a tax-exempt nonprofit (EIN: 570878770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charleston Running Club Inc located?
Charleston Running Club Inc is headquartered in Charleston, South Carolina and files with the IRS under EIN 570878770. It is classified under NTEE code N60.
How many years of IRS 990 filings does Charleston Running Club Inc have?
Charleston Running Club Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $156K in total revenue.
Filing History
IRS 990 filing history for Charleston Running Club Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Charleston Running Club Inc's revenue has grown by 82%, moving from $10K to $19K. Total assets increased by 123.7% over the same period, from $28K to $62K. Total functional expenses rose by 217.6%, from $13K to $42K. In its most recent filing year (2023), Charleston Running Club Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $32K in liabilities against $62K in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $42K | $62K | $32K | — | — |
| 2022 | $39K | $21K | $53K | $2K | — | View 990 |
| 2021 | $15K | $34K | $34K | $120 | — | View 990 |
| 2020 | $40K | $6K | $55K | $1K | — | — |
| 2019 | $11K | $28K | $46K | $26K | — | View 990 |
| 2018 | $12K | $15K | $46K | $9K | — | View 990 |
| 2016 | $20K | $11K | $39K | $13K | — | View 990 |
| 2015 | $10K | $13K | $28K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $42K, and assets of $62K (revenue -50.7% year-over-year).
- 2022: Revenue of $39K, expenses of $21K, and assets of $53K (revenue +162.7% year-over-year).
- 2021: Revenue of $15K, expenses of $34K, and assets of $34K (revenue -62.7% year-over-year).
- 2020: Revenue of $40K, expenses of $6K, and assets of $55K (revenue +252.9% year-over-year).
- 2019: Revenue of $11K, expenses of $28K, and assets of $46K (revenue -9.6% year-over-year).
- 2018: Revenue of $12K, expenses of $15K, and assets of $46K (revenue -39.4% year-over-year).
- 2016: Revenue of $20K, expenses of $11K, and assets of $39K (revenue +95.4% year-over-year).
- 2015: Revenue of $10K, expenses of $13K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charleston Running Club Inc:
Data Sources and Methodology
This transparency report for Charleston Running Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.