Cranston League for Cranstons Future

Analysis

Cranston League for Cranstons Future is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cranston League for Cranstons Future reported income of $1.5m and spending of $1.0m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $788k to $1.5m (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cranston League for Cranstons Future sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within RI. Charities of a similar size with the same main cause include Beat the Streets Wrestling Inc ($1.5m), Massey Miracle Run Foundation ($1.5m) and Pennsylvania State Shotgunning Association ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 60% of the total. At year end it held assets of $1.6m against liabilities of $102k, net assets of $1.5m.