Terre Haute Allstar Cheer University Inc

Analysis

Terre Haute Allstar Cheer University Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in April 2001, 25 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, Terre Haute Allstar Cheer University Inc reported income of $193k and spending of $257k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $324k to $193k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Terre Haute Allstar Cheer University Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Tomball Christian Warriors Inc ($193k), 1883 Black Ice Hockey Association ($193k) and Sherwood Fastpitch Association ($193k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $72k. At year end it held assets of $144k against liabilities of $3,079, net assets of $141k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.