Cy-Fair Ravens Athletic Club

Analysis

Cy-Fair Ravens Athletic Club is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Cy-Fair Ravens Athletic Club reported income of $129k and spending of $142k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $129k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cy-Fair Ravens Athletic Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($129k), Grand Circus Park Conservancy ($129k) and Bowery Premier Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $6,185 against liabilities of $0, net assets of $6,185.