Dynamic Xplosion Cheer

Analysis

Dynamic Xplosion Cheer is a registered charity in United States, based in Quincy, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Dynamic Xplosion Cheer reported income of $256k and spending of $247k, spending 96% of its income. Across the 3 years on record, from December 2021 to June 2024, income grew from $192k to $256k (+33%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dynamic Xplosion Cheer sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Opera Steamboat ($256k), Clarity Educational Productions Inc ($256k) and Chamber Orchestra of the South Bay Inc ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (19% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k.