C V S P I N Inc

Analysis

C V S P I N Inc is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in March 2001, 25 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 2023, C V S P I N Inc reported income of $618k and spending of $442k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $618k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 293%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, C V S P I N Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include The Granite City Lumberjacks Inc ($618k), Methacton United Soccer Club Inc ($619k) and Fredericksburg Agricultural Fair Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 107% of the total. Other salaries and wages came to $67k. At year end it held assets of $371k against liabilities of $2,444, net assets of $368k. It reported 2 employees.