Reed Custer Junior Comets

Analysis

Reed Custer Junior Comets is a registered charity in United States, based in Braidwood, IL. It received its IRS tax-exemption ruling in June 2010, 16 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, Reed Custer Junior Comets reported income of $86k and spending of $82k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $86k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reed Custer Junior Comets sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include California Grizzlies ($86k), United States Bowling Congress Inc ($86k) and American Youth Football Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.