The National Gym Association Inc

Analysis

The National Gym Association Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 October 2023, The National Gym Association Inc reported income of $112k and spending of $99k, spending 89% of its income. Across the 3 years on record, from October 2020 to October 2023, income grew from $48k to $112k (+134%), an average of +53% a year. The sharpest change came in the year to October 2022, when income rose by 85%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The National Gym Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Iota Court Preservation Association Inc ($112k), Regional Dance America Southeast Inc ($112k) and Whatsmyname ($112k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (41% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.