Fierce Cheer Sponsors Inc

Analysis

Fierce Cheer Sponsors Inc is a registered charity in United States, based in Boonsboro, MD. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Fierce Cheer Sponsors Inc reported income of $85k and spending of $72k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $85k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fierce Cheer Sponsors Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Tompkins Girls Athletic Association Inc ($85k), Girls Play Flag Football Inc ($85k) and Skyline Foundation Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 41% of the total. At year end it held assets of $7,251 against liabilities of $5,461, net assets of $1,790.