Central Davidson Athletic Foundation

Analysis

Central Davidson Athletic Foundation is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in March 1973, 53 years ago. 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 July 2023, Central Davidson Athletic Foundation reported income of $132k and spending of $73k, leaving 45% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $91k to $132k (+46%), an average of +14% a year. The sharpest change came in the year to July 2023, when income rose by 217%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Davidson Athletic Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Buckingham Terrace II Inc ($132k), North Dakota Veterans Home Foundation Inc ($132k) and Montserrat Aspirers Inc ($132k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.