Mje Cheer Inc

Analysis

Mje Cheer Inc is a registered charity in United States, based in Milton, GA. 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, Mje Cheer Inc reported income of $87k and spending of $88k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $87k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mje Cheer Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Csa Foundation Inc ($87k), Charlotte Junior Orioles Inc ($87k) and Lake Central Youth Basketball Assn Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.