Minnesota Cheerleading Coaches Association

Analysis

Minnesota Cheerleading Coaches Association is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in January 1993, 33 years ago. 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 June 2023, Minnesota Cheerleading Coaches Association reported income of $170k and spending of $141k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $116k to $170k (+47%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Cheerleading Coaches Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Katie Kirlin Memorial Charitable Trust ($170k), Youth Tennis Foundation of Florida Inc ($170k) and Idaho Falls School District 91 Education Foundation Inc ($170k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.