Novato Gymnastics Boosters Inc

Analysis

Novato Gymnastics Boosters Inc is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Novato Gymnastics Boosters Inc reported income of $64k and spending of $87k, spending 136% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $73k to $64k (-13%), an average of -13% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Novato Gymnastics Boosters Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Sea King Running Foundation ($64k), Lone Star Golf Association ($64k) and P G P R I D E Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.