Hazel Green Gymnastics Club

Analysis

Hazel Green Gymnastics Club is a registered charity in United States, based in Hazel Green, WI. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hazel Green Gymnastics Club reported income of $163k and spending of $150k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $94k to $163k (+72%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hazel Green Gymnastics Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include The Cedarmore Corporation ($163k), The United Mentoring Academy Inc ($163k) and Algonquin Sports Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $35k (23% of expenses). Other salaries and wages came to $28k. At year end it held assets of $790k against liabilities of $413k, net assets of $377k. It reported 26 employees.