Alexandria Cardinal Athletic Foundation

Analysis

Alexandria Cardinal Athletic Foundation is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in December 1994, 32 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, Alexandria Cardinal Athletic Foundation reported income of $176k and spending of $182k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $88k to $176k (+100%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alexandria Cardinal Athletic Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Of Love LLC ($176k), Juneau Nordic Ski Club ($176k) and Guilderland Baseball Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 68% of the total. At year end it held assets of $932k against liabilities of $287k, net assets of $645k.