Liberty Hill Cheer Boosters

Analysis

Liberty Hill Cheer Boosters is a registered charity in United States, based in Liberty Hill, TX. It received its IRS tax-exemption ruling in April 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, Liberty Hill Cheer Boosters reported income of $120k and spending of $96k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $120k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Liberty Hill Cheer Boosters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Morris County Youth Soccer Association ($120k), L D Bell Raiderette Booster Club ($120k) and Bloomington Blades Youth Hockey Association ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.