Childrens Athletic Network and Dance Opportunities Inc

Analysis

Childrens Athletic Network and Dance Opportunities Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 1995, 31 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 2022, Childrens Athletic Network and Dance Opportunities Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $1.3m (-9.3%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Childrens Athletic Network and Dance Opportunities Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Finesse Fastpitch Softball ($1.3m), United States Bowling Congress Inc ($1.3m) and Cambridge Camping Association Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.4% and program service revenue 96% of the total. At year end it held assets of $1.2m against liabilities of $176k, net assets of $1.0m. It reported 1 employees.