RHS Cheer Inc

Analysis

RHS Cheer Inc is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, RHS Cheer Inc reported income of $64k and spending of $53k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $64k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, RHS Cheer Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within NM. Charities of a similar size with the same main cause include Washington Orthodontic Alumni Association ($64k), Merton School PTO ($64k) and Altoona Area High School Alumni Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.