Gymnastics Unlimited Inc

Analysis

Gymnastics Unlimited Inc is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in September 1988, 38 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 July 2023, Gymnastics Unlimited Inc reported income of $109k and spending of $77k, leaving 29% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $102k to $109k (+6.7%), an average of +6.7% a year. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gymnastics Unlimited Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Mt Pleasant Athletic Booster Club Inc ($109k), Fulton Youth Hockey Association ($109k) and Lincolnwood Baseball Association ($109k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 25% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.