Head Over Heels Gymnastics Team Association

Analysis

Head Over Heels Gymnastics Team Association is a registered charity in United States, based in Parlin, NJ. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Head Over Heels Gymnastics Team Association reported income of $64k and spending of $74k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $78k to $64k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Head Over Heels Gymnastics Team Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Kearney Legion Baseball Association Inc ($64k), International Order of the Rainbow Girls the Supreme Assembly ($65k) and Roc of Salem Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.