Suncoast Cheerleading Association

Analysis

Suncoast Cheerleading Association is a registered charity in United States, based in Pinellas Park, FL. It received its IRS tax-exemption ruling in February 2021, 5 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, Suncoast Cheerleading Association reported income of $121k and spending of $82k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $121k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Suncoast Cheerleading Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Upper Township Wrestling Association ($121k), Greater Newark Tennis & Education ($121k) and Friends of Sheldon Athletics ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.