Newport Harbor High School Cheer Club

Analysis

Newport Harbor High School Cheer Club is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Newport Harbor High School Cheer Club reported income of $363k and spending of $371k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $236k to $363k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Harbor High School Cheer Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Psja Tri City Education Foundation ($363k), Project Education Plus ($363k) and Miner Foundation ($362k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 78% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.