Titan Cheer Alliance Inc

Analysis

Titan Cheer Alliance Inc is a registered charity in United States, based in Keansburg, NJ. It received its IRS tax-exemption ruling in August 2020, 6 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, Titan Cheer Alliance Inc reported income of $166k and spending of $138k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $237k to $166k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Titan Cheer Alliance Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Parkland Area Soccer Club Inc ($166k), Delano Thunder Youth Football Club ($166k) and Riot Baseball ($166k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.