Special Cheers

Analysis

Special Cheers is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2022, Special Cheers reported income of $395k and spending of $454k, spending 115% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $202k to $395k (+96%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Special Cheers sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include North Shore Alliance of Gay & Lesbian Youth ($395k), Pagosa Community Initiative ($395k) and Forest Avenue Outreach ($395k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% and program service revenue 33% of the total. Other salaries and wages came to $191k. At year end it held assets of $12k against liabilities of $23k, net assets of -$11k. It reported 16 employees.