Cavalry Soccer

Analysis

Cavalry Soccer is a registered charity in United States, based in Wellborn, TX. It received its IRS tax-exemption ruling in April 2018, 8 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, Cavalry Soccer reported income of $620k and spending of $595k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $620k (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cavalry Soccer sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Louisana Rodeo Cowboys Association ($620k), Dominion Meadows Athletic Association ($620k) and Western Michigan Fair Association ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $79k (13% of expenses). Other salaries and wages came to $17k. At year end it held assets of $310k against liabilities of $3,606, net assets of $306k.