MHS Cheerleaders Spirit Club

Analysis

MHS Cheerleaders Spirit Club is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in September 2000, 26 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, MHS Cheerleaders Spirit Club reported income of $132k and spending of $121k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $132k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 124% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MHS Cheerleaders Spirit Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Garden City Hockey Association ($132k), Juanita Rebel Booster Club ($132k) and Los Angeles County Grand Park Foundation ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 8.5% of the total. At year end it held assets of $71k against liabilities of $438, net assets of $71k.