O Bannon Snook Tournament at Cabbage Key Inc

Analysis

O Bannon Snook Tournament at Cabbage Key Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, O Bannon Snook Tournament at Cabbage Key Inc reported income of $101k and spending of $94k, spending 93% of its income. Across the 6 years on record, from November 2018 to November 2023, income fell from $110k to $101k (-8.2%), an average of -1.7% a year. The sharpest change came in the year to November 2022, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, O Bannon Snook Tournament at Cabbage Key Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Quiet Givers ($101k), Efcu Financial Foundation ($101k) and P & Cma Educational Foundation Inc ($101k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.