Capoeira for Tomorrow Inc

Analysis

Capoeira for Tomorrow Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Capoeira for Tomorrow Inc reported income of $277k and spending of $223k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $208k to $277k (+33%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capoeira for Tomorrow Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Az Fire Basketball Club ($277k), Cochrans Ski Club Inc ($277k) and Copper Country Junior Hockey Association Inc ($277k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 0.3% of the total. At year end it held assets of $191k against liabilities of $19k, net assets of $172k.