Commerce Cannons
Analysis
Commerce Cannons is a registered charity in United States, based in Wixom, MI. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Commerce Cannons reported income of $218k and spending of $219k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $218k (+9.2%), an average of +9.2% a year. Over the whole period it spent 88% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Commerce Cannons 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 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Missouri River Clay Target League ($218k), Lindbergh Football Association Inc ($218k) and Mass Drifters Junior Olympic Softball ($218k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $171k against liabilities of $47k, net assets of $124k.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Missouri River Clay Target League | Bismarck | $218k |
| Lindbergh Football Association Inc | Saint Louis | $218k |
| Mass Drifters Junior Olympic Softball | Bridgewater | $218k |
| Pfa Strong Foundation | Montclair | $218k |