Plano Youth Tackle Football Cheer

Analysis

Plano Youth Tackle Football Cheer is a registered charity in United States, based in Plano, IL. It received its IRS tax-exemption ruling in March 2023, 3 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, Plano Youth Tackle Football Cheer reported income of $71k and spending of $57k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $71k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Plano Youth Tackle Football Cheer sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Arizona Dragon Boat Association ($71k), Cape Cod Senior Softball League ($71k) and Silicon Valley Girls Softballleague ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 102% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.