Frederick Douglass High School Cheerleaders Booster Club Corporat

Analysis

Frederick Douglass High School Cheerleaders Booster Club Corporat is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 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 July 2024, Frederick Douglass High School Cheerleaders Booster Club Corporat reported income of $91k and spending of $87k, spending 95% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $127k to $91k (-28%), an average of -28% a year. The sharpest change came in the year to July 2024, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frederick Douglass High School Cheerleaders Booster Club Corporat sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Little League Baseball Inc ($91k), Canton Lions Junior Football ($91k) and Marshall Hoops Club ($91k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.