North Stars Association for Competitive Gymnastics Inc

Analysis

North Stars Association for Competitive Gymnastics Inc is a registered charity in United States, based in Boonton, NJ. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, North Stars Association for Competitive Gymnastics Inc reported income of $198k and spending of $203k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $216k to $198k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to August 2022, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Stars Association for Competitive Gymnastics Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Education Burma Thailand Myanmar ($198k), DHK Wellness Strategies Inc ($198k) and The Center for Progressive Christianity Inc ($198k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.2% and program service revenue 96% of the total. At year end it held assets of $155k against liabilities of $51k, net assets of $104k.