Huntley Cheer Association

Analysis

Huntley Cheer Association is a registered charity in United States, based in Huntley, IL. It received its IRS tax-exemption ruling in June 2012, 14 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, Huntley Cheer Association reported income of $223k and spending of $235k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $223k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Huntley Cheer Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Betsys Park ($223k), Montclair Baseball Softball Org ($223k) and Lake Cumberland Youth Football Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. Other salaries and wages came to $29k. At year end it held assets of $164k against liabilities of $0, net assets of $164k.