Cain Center Endowment Trust

Analysis

Cain Center Endowment Trust is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cain Center Endowment Trust reported income of $75k and spending of $103k, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $94k to $75k (-20%), an average of -5.4% a year. The sharpest change came in the year to September 2022, when income rose by 34%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cain Center Endowment Trust sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Adaptive Aquatics Inc ($75k), Nordonia Basketball Association Inc ($75k) and Ride Across California ($75k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.