Westlake Cheer Parent Association

Analysis

Westlake Cheer Parent Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2019, 7 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 March 2024, Westlake Cheer Parent Association reported income of $195k and spending of $189k, spending 97% of its income. Across the 4 years on record, from March 2020 to March 2024, income grew from $182k to $195k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to March 2023, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westlake Cheer Parent Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Swansea Somerset Youth Soccer League ($195k), Lake Superior Swim Club ($195k) and National Gay Flag Football League ($195k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 5.1% and program service revenue 47% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.