Torrance Youth Football & Cheerleading Association Inc

Analysis

Torrance Youth Football & Cheerleading Association Inc is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in July 2002, 24 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, Torrance Youth Football & Cheerleading Association Inc reported income of $78k and spending of $71k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $78k (-0.3%), an average of -0.3% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Torrance Youth Football & Cheerleading Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Clarksville Screaming Eagles ($78k), United States Bowling Congress Inc ($78k) and Friends of Quiet Waters Park ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 66% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.