Knights Youth Football and Cheer Inc

Analysis

Knights Youth Football and Cheer Inc is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in May 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, Knights Youth Football and Cheer Inc reported income of $103k and spending of $113k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $103k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knights Youth Football and Cheer Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Athens Youth Sports Association ($103k), Montana Intensive Wrestling Camp ($103k) and Cuyahoga Falls Youth Soccer Association ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.