Bay High Cheerleading Boosters Inc

Analysis

Bay High Cheerleading Boosters Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in January 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bay High Cheerleading Boosters Inc reported income of $96k and spending of $70k, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $68k to $96k (+41%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bay High Cheerleading Boosters Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Blackstone Valley Youth Football and Cheerleading ($96k), South Coast Water Polo Club ($96k) and Blue Collar Athletics Inc ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 5.5% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.