Gym Parents Inc

Analysis

Gym Parents Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in September 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gym Parents Inc reported income of $597k and spending of $628k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $597k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gym Parents Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Jackson Hole Lacrosse Club ($597k), Friends of the Robert Crown Center ($598k) and Kendall County Fair Association Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 92% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.