National Academy of Artistic Gymnastics

Analysis

National Academy of Artistic Gymnastics is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in January 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, National Academy of Artistic Gymnastics reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.1m to $1.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to May 2022, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Academy of Artistic Gymnastics sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Cross Plains Community Partner Inc ($1.6m), Historical Society of Carroll County Maryland Inc ($1.6m) and Abc Learning Centre Inc ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $834k. At year end it held assets of $533k against liabilities of $102k, net assets of $432k. It reported 60 employees.