McNeese Cowboy Club Inc

Analysis

McNeese Cowboy Club Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2024, McNeese Cowboy Club Inc reported income of $212k and spending of $284k, spending 134% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $212k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 288%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, McNeese Cowboy Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Burrillville Junior Hockey League ($212k), Eurocrossacademy ($212k) and Lodi City Swim Club ($212k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.