Cardinal Athletic Foundation Inc

Analysis

Cardinal Athletic Foundation Inc is a registered charity in United States, based in Annandale, MN. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cardinal Athletic Foundation Inc reported income of $90k and spending of $78k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $90k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cardinal Athletic Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Potsdam Booster Club Inc ($90k), Latter-Day Saint Home Educators ($90k) and Rita Ledesma Home and School Club ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.