Fairbanks Youth Football and Cheerleading

Analysis

Fairbanks Youth Football and Cheerleading is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in September 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 October 2023, Fairbanks Youth Football and Cheerleading reported income of $58k and spending of $90k, spending 153% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $93k to $58k (-38%), an average of -38% a year. The sharpest change came in the year to October 2023, when income dropped by 38%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairbanks Youth Football and Cheerleading sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within AK. Charities of a similar size with the same main cause include Youth Sports Inc ($58k), Locust Grove Football & Cheerleading Association Inc ($58k) and Team Inc ($58k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 4.8% and program service revenue 82% of the total. At year end it held assets of $7,330 against liabilities of $0, net assets of $7,330.