Niagara Frontier Gymnastics Association Inc

Analysis

Niagara Frontier Gymnastics Association Inc is a registered charity in United States, based in N Tonawanda, NY. It received its IRS tax-exemption ruling in May 2003, 23 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 2024, Niagara Frontier Gymnastics Association Inc reported income of $130k and spending of $107k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $97k to $130k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Niagara Frontier Gymnastics Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Southern Amateur Hockey Association Incorporated ($130k), Minisink Valley Youth Football League Inc ($130k) and Indiana High School Baseball Coaches Association Inc ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.