Texas East Gymnastics Booster Club Inc

Analysis

Texas East Gymnastics Booster Club Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 2010, 16 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 December 2023, Texas East Gymnastics Booster Club Inc reported income of $234k and spending of $220k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $234k (+1.7%), an average of +1.7% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas East Gymnastics Booster Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Needful Provision Inc ($234k), Montour Falls Memorial Library ($234k) and City Scholars Foundation ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 92% of the total. At year end it held assets of $300k against liabilities of $6,936, net assets of $293k.