728 Cadets Corp

Analysis

728 Cadets Corp is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in April 2009, 17 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, 728 Cadets Corp reported income of $230k and spending of $248k, spending 108% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $224k to $230k (+2.5%), an average of +2.5% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 728 Cadets Corp sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Olmsted Arts Inc ($230k), Denver Actors Fund Inc ($230k) and Perry Players Inc ($230k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,513 against liabilities of $0, net assets of $3,513.