Gymnastics Michiana Booster Club Inc

Analysis

Gymnastics Michiana Booster Club Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in July 2004, 22 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 June 2023, Gymnastics Michiana Booster Club Inc reported income of $154k and spending of $128k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $147k to $154k (+5.0%), an average of +5.0% a year. 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, Gymnastics Michiana Booster Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Georgia Student Hockey League ($154k), NTX Alliance Sport Club Inc ($154k) and Bike Index NFP ($154k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 67% of the total. At year end it held assets of $30k against liabilities of $4,254, net assets of $26k.