Newfane Youth Football and Cheerleading

Analysis

Newfane Youth Football and Cheerleading is a registered charity in United States, based in Newfane, NY. It received its IRS tax-exemption ruling in December 2018, 8 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, Newfane Youth Football and Cheerleading reported income of $56k and spending of $67k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $56k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newfane Youth Football and Cheerleading sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Truman Baseball-Softball Association Inc ($56k), New York Bicycling Coalition Inc ($56k) and Wichita Amateur Hockey Parents Association Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 47% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.