Cheltenham Jay-Vees Inc

Analysis

Cheltenham Jay-Vees Inc is a registered charity in United States, based in Cheltenham, PA. It received its IRS tax-exemption ruling in March 1997, 29 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, Cheltenham Jay-Vees Inc reported income of $151k and spending of $146k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $151k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cheltenham Jay-Vees Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Granite City Tribe Baseball and Softball Association ($151k), Upper Loudoun Youth Football Inc ($151k) and Smyrna Basketball Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $469k against liabilities of $5,462, net assets of $464k.