Cheltenham Athletic Assoc Inc

Analysis

Cheltenham Athletic Assoc Inc is a registered charity in United States, based in Cheltenham, PA. It received its IRS tax-exemption ruling in January 1971, 55 years ago. 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, Cheltenham Athletic Assoc Inc reported income of $139k and spending of $160k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $139k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cheltenham Athletic Assoc Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Swartzberg Zoller Family Foundation ($139k), Orinda Rotary Endowment ($139k) and Somerset Memorial Scholarship Fund Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 69% of the total. At year end it held assets of $906k against liabilities of $0, net assets of $906k.