Coon Rapids Cardinal Basketball Club

Analysis

Coon Rapids Cardinal Basketball Club is a registered charity in United States, based in Coon Rapids, MN. It received its IRS tax-exemption ruling in October 1990, 36 years ago. 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 March 2024, Coon Rapids Cardinal Basketball Club reported income of $195k and spending of $181k, spending 93% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $164k to $195k (+19%), an average of +19% a year. The sharpest change came in the year to March 2024, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coon Rapids Cardinal Basketball Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Buhl Family Network Inc ($195k), Masonic Charity Foundation of New Mexico Inc ($195k) and Northwest Therapeutic Riding Center ($195k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 48% and program service revenue 44% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.