Cotton Bowl Athletic Association
Analysis
Cotton Bowl Athletic Association is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 1953, 73 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 April 2023, Cotton Bowl Athletic Association reported income of $16.8m and spending of $14.4m, spending 86% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $12.5m to $16.8m (+34%), an average of +10% a year. The sharpest change came in the year to April 2022, when income rose by 33%. Over the whole period it spent 81% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cotton Bowl Athletic Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Chess Club and Scholastic Center of Saint Louis ($16.7m), Jays Care Foundation ($16.8m) and Big Life International Inc ($16.3m).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 16% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.7m (12% of expenses). Other salaries and wages came to $961k. At year end it held assets of $32.8m against liabilities of $1.6m, net assets of $31.2m. It reported 72 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 68%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chess Club and Scholastic Center of Saint Louis | Saint Louis | $16.7m |
| Jays Care Foundation | Canada | $16.8m |
| Big Life International Inc | Blue Ridge | $16.3m |
| National Sports Center Foundation | Minneapolis | $17.0m |