De Soto Football and Cheer Inc

Analysis

De Soto Football and Cheer Inc is a registered charity in United States, based in De Soto, KS. It received its IRS tax-exemption ruling in November 2021, 5 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, De Soto Football and Cheer Inc reported income of $81k and spending of $80k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $81k (-1.2%), an average of -1.2% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, De Soto Football and Cheer Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within KS. Charities of a similar size with the same main cause include Nevada Gay Rodeo Association Ngra ($81k), University City Girls Fastpitch Softball League ($81k) and Wauseon Athletic Boosters ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.