Los Alamos High Flyers Gymnastics

Analysis

Los Alamos High Flyers Gymnastics is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in October 2009, 17 years ago. 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, Los Alamos High Flyers Gymnastics reported income of $464k and spending of $419k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $464k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Alamos High Flyers Gymnastics sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include Center for Creative Living Corporat ($464k), Pet Rescue Incorporated ($464k) and Thumbs Up High 5k ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $38k (9.0% of expenses). Other salaries and wages came to $96k. At year end it held assets of $379k against liabilities of $9,871, net assets of $369k. It reported 21 employees.