Gymjam Foundation

Analysis

Gymjam Foundation is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Gymjam Foundation reported income of $357k and spending of $354k, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2024, income grew from $354k to $357k (+0.9%), an average of +0.3% a year. The sharpest change came in the year to July 2024, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gymjam Foundation sits at the 80th percentile: it is larger than about 80% 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 Eureka Springs Community Center Foundation ($357k), Positive Sports Training Inc ($357k) and Indy Criterium Inc ($357k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.