North East Rhythmics School of Gymnastics Inc

Analysis

North East Rhythmics School of Gymnastics Inc is a registered charity in United States, based in Middleton, MA. It received its IRS tax-exemption ruling in April 2009, 17 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, North East Rhythmics School of Gymnastics Inc reported income of $318k and spending of $275k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $354k to $318k (-10.0%), an average of -2.6% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North East Rhythmics School of Gymnastics Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Spooner Area Hockey League Inc ($318k), Westfield Basketball Association ($319k) and Little League Baseball Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (19% of expenses). Other salaries and wages came to $15k. At year end it held assets of $143k against liabilities of $10k, net assets of $133k. It reported 2 employees.