Royal Cavaliers Performing Arts

Analysis

Royal Cavaliers Performing Arts is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Royal Cavaliers Performing Arts reported income of $191k and spending of $164k, spending 86% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $93k to $191k (+105%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 572%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Royal Cavaliers Performing Arts sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Central Executive Committee of Odwu Inc ($191k), Coastal Youth Ballet Theatre ($191k) and Salina Innovation Foundation ($191k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.