Woodstock Thunder Youth Football & Cheerleading

Analysis

Woodstock Thunder Youth Football & Cheerleading is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in March 2022, 4 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, Woodstock Thunder Youth Football & Cheerleading reported income of $165k and spending of $182k, spending 110% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $51k to $165k (+225%), an average of +80% a year. The sharpest change came in the year to December 2022, when income rose by 181%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodstock Thunder Youth Football & Cheerleading sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Tampa Bay Skating Club ($165k), Amateur Athletic Union of the United States Inc ($165k) and New York Track & Field Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.