Lightnings Junior Cheerleadingincorporated

Analysis

Lightnings Junior Cheerleadingincorporated is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Lightnings Junior Cheerleadingincorporated reported income of $301k and spending of $280k, spending 93% of its income. Across the 3 years on record, from March 2020 to March 2024, income grew from $154k to $301k (+96%), an average of +40% a year. The sharpest change came in the year to March 2024, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lightnings Junior Cheerleadingincorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Northeast Oklahoma Association of Homeschools ($301k), Apache County Youth Council ($301k) and Colorado Young Leaders ($301k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.4% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $8,000 (2.9% of expenses). Other salaries and wages came to $47k. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 10 employees.