Cabo Collegiate

Analysis

Cabo Collegiate is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Cabo Collegiate reported income of $185k and spending of $156k, spending 85% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $62k to $185k (+198%), an average of +73% a year. The sharpest change came in the year to August 2022, when income rose by 257%. 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, Cabo Collegiate sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Hot Tubes Development Cycling Team Inc ($185k), Stone City Softball Inc ($185k) and Valley Twisters Gymnastics Club Inc ($185k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.