American Gymnastics Institute Booster Club

Analysis

American Gymnastics Institute Booster Club is a registered charity in United States, based in Chesterfield, MI. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2024, American Gymnastics Institute Booster Club reported income of $213k and spending of $173k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $172k to $213k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 2697%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, American Gymnastics Institute Booster Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Shades Mountain Community Park Inc ($213k), Flying Heels Arena Association ($213k) and Truckee-Tahoe Swim Team Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.