Quad City Cannons

Analysis

Quad City Cannons is a registered charity in United States, based in Orion, IL. It received its IRS tax-exemption ruling in April 2011, 15 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 (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 2024, Quad City Cannons reported income of $79k and spending of $104k, spending 132% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $126k to $79k (-37%), an average of -37% a year. The sharpest change came in the year to July 2024, when income dropped by 37%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quad City Cannons 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 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($79k), PSHS - Iron Horse Gameday Club ($79k) and Hart Equine Therapeutic Center Inc ($79k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 24% and program service revenue 4.8% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.