Garnet Valley Cheerleaders

Analysis

Garnet Valley Cheerleaders is a registered charity in United States, based in Glen Mills, PA. It received its IRS tax-exemption ruling in April 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 May 2024, Garnet Valley Cheerleaders reported income of $228k and spending of $186k, spending 82% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $102k to $228k (+124%), an average of +50% a year. The sharpest change came in the year to May 2024, when income rose by 127%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garnet Valley Cheerleaders 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 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Proremm Corporation ($228k), Westview High School Parent Organizaton ($228k) and Faria Education Enrichment Fund ($228k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 44% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.