The Cavalier Daily Inc

Analysis

The Cavalier Daily Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Cavalier Daily Inc reported income of $70k and spending of $76k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $70k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Cavalier Daily Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include E J Marshall PTO ($70k), Northwood Education Foundation Inc ($70k) and Mountain Lakes Educational Foundation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.