Minnetonka High School Cheerleading Booster Club

Analysis

Minnetonka High School Cheerleading Booster Club is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in March 2015, 11 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 March 2024, Minnetonka High School Cheerleading Booster Club reported income of $207k and spending of $197k, spending 96% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $86k to $207k (+140%), an average of +55% a year. The sharpest change came in the year to March 2023, when income rose by 83%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnetonka High School Cheerleading Booster Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Mothers Helping Others ($207k), Wabash County United Fund ($207k) and W L Calvert Memorial Scholarship Trust ($207k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $25k against liabilities of $198, net assets of $25k.