Cedar Lane Sports Foundation Inc

Analysis

Cedar Lane Sports Foundation Inc is a registered charity in United States, based in Churchville, MD. It received its IRS tax-exemption ruling in September 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 June 2024, Cedar Lane Sports Foundation Inc reported income of $870k and spending of $913k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $641k to $870k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cedar Lane Sports Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Cobb Football League Inc ($870k), Whitewater Aquatics Management ($870k) and Stone Valleys Ray of Hope ($870k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Other salaries and wages came to $15k. At year end it held assets of $879k against liabilities of $115k, net assets of $764k.