Elite Athletic Cheer

Analysis

Elite Athletic Cheer is a registered charity in United States, based in Swedesboro, NJ. It received its IRS tax-exemption ruling in June 2015, 11 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, Elite Athletic Cheer reported income of $230k and spending of $218k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $230k (+14%), an average of +14% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elite Athletic Cheer sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include TC Figure Skating Club Inc ($230k), Poway Wrestling Foundation ($230k) and Still I Run ($230k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.