Solid Rock Gymnastics Boosters Club Inc

Analysis

Solid Rock Gymnastics Boosters Club Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solid Rock Gymnastics Boosters Club Inc reported income of $88k and spending of $56k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $88k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Solid Rock Gymnastics Boosters Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NE. Charities of a similar size with the same main cause include Oakland Ultimate ($88k), Upenders Inc ($88k) and Eleone Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.