Cavaliers Youth Foundation

Analysis

Cavaliers Youth Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Cavaliers Youth Foundation reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $1.0m (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cavaliers Youth Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include S C a Southern California Academy Inc ($1.0m), Utah Afterschool Network ($1.0m) and Salida Circus Outreach Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $1.0m against liabilities of $255k, net assets of $769k.

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.