Lacey Youth and Football Cheer Inc

Analysis

Lacey Youth and Football Cheer Inc is a registered charity in United States, based in Lanoka Harbor, NJ. It received its IRS tax-exemption ruling in September 2024, 2 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 December 2023, Lacey Youth and Football Cheer Inc reported income of $219k and spending of $191k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $219k (+113%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lacey Youth and Football Cheer Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Harry McDonough Sailing Center Inc ($219k), Philadelphia Girls Rowing Club ($219k) and Highland Village Area Baseball- Softball Association ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 44% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.