Cowboy Basketball Club

Analysis

Cowboy Basketball Club is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Cowboy Basketball Club reported income of $54k and spending of $54k, spending 100% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $51k to $54k (+6.1%), an average of +6.1% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cowboy Basketball Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Usatf Pacific Northwest ($54k), Lexington Youth Baseball and Softball Association ($54k) and Breeze Softball Inc ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 48% and program service revenue 26% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.