Cheer Express Corp

Analysis

Cheer Express Corp is a registered charity in United States, based in Oldsmar, FL. It received its IRS tax-exemption ruling in September 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cheer Express Corp reported income of $66k and spending of $68k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $66k (-7.9%), an average of -7.9% a year. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cheer Express Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Pasadena Athletic Association ($66k), Utah All Breed Horse Association ($66k) and Norwin Aqua Club ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.