Aim High Gymnastics Parents Association

Analysis

Aim High Gymnastics Parents Association is a registered charity in United States, based in E Greenwich, RI. It received its IRS tax-exemption ruling in December 2000, 26 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 May 2024, Aim High Gymnastics Parents Association reported income of $565k and spending of $530k, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2024, income grew from $476k to $565k (+19%), an average of +5.8% a year. The sharpest change came in the year to May 2024, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aim High Gymnastics Parents Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Northeast Harbor Sailing School ($565k), Lake Shore Youth Baseball ($565k) and New Melle Sports and Recreation Inc ($564k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.