Owasso Cheerleader Booster Club Ocbc

Analysis

Owasso Cheerleader Booster Club Ocbc is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Owasso Cheerleader Booster Club Ocbc reported income of $359k and spending of $384k, spending 107% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $263k to $359k (+37%), an average of +37% a year. The sharpest change came in the year to April 2024, when income rose by 37%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Owasso Cheerleader Booster Club Ocbc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Cornerstone Cougars Inc ($359k), Shoals Scholar Dollars Foundation Inc ($359k) and Friends of L a C E S ($359k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.7% and program service revenue 83% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.