Lions Youth Cheerleading Inc

Analysis

Lions Youth Cheerleading Inc is a registered charity in United States, based in West Islip, NY. It received its IRS tax-exemption ruling in February 2022, 4 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, Lions Youth Cheerleading Inc reported income of $81k and spending of $63k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $81k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lions Youth Cheerleading 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 32nd percentile within NY. Charities of a similar size with the same main cause include Rivercity Youth Football & Cheer ($81k), Dent County Commons Association ($81k) and Santa Teresa Athletic Boosters Club ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 68% of the total. At year end it held assets of $43k against liabilities of $15k, net assets of $28k.