CHS Varsity Competition Cheerleading Club

Analysis

CHS Varsity Competition Cheerleading Club is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in March 2006, 20 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 April 2024, CHS Varsity Competition Cheerleading Club reported income of $138k and spending of $140k, spending 101% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $131k to $138k (+5.7%), an average of +5.7% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, CHS Varsity Competition Cheerleading Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Charleston Bridge Club Inc ($138k), TKS Special Programs Inc ($138k) and Knickerbacker & Knickerbacker ($138k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.