Palos Verdes Youth Football and Cheer Inc

Analysis

Palos Verdes Youth Football and Cheer Inc is a registered charity in United States, based in RLLNG HLS Est, CA. It received its IRS tax-exemption ruling in October 2000, 26 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, Palos Verdes Youth Football and Cheer Inc reported income of $286k and spending of $231k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $227k to $286k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palos Verdes Youth Football and Cheer Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Valley View Camp ($286k), All Nations Soccer Inc ($286k) and Piedmont Soccer Academy ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.