Virginia Cardinals

Analysis

Virginia Cardinals is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, Virginia Cardinals reported income of $101k and spending of $106k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $101k (-10%), an average of -10% a year. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virginia Cardinals sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include On N on Foundation ($101k), Redmond Lacrosse Club ($101k) and Pirates Fastpitch ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $29k against liabilities of $69k, net assets of -$40k.