Community Pages don't have a Timeline. Instead, the top portion of the Page pulls information from websites like Wikipedia. In the upper right corner of a Community Page, you can click to Like it, Save for later, or Edit the categorization of a Community Page. You can also click the gear icon to open a menu where you can share or report the Page.
The bottom portion of a Community Page is actually personalized to you. For example, if your friends have posted about Ultimate Frisbee, you might see their posts may appear here. Or you might see related Pages, or related groups. In general, Community Pages exist so that pretty much everything in the world has a way to be represented on Facebook.