Hocking Valley Gymnastics Boosters Organization Inc

Analysis

Hocking Valley Gymnastics Boosters Organization Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in July 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hocking Valley Gymnastics Boosters Organization Inc reported income of $239k and spending of $207k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $202k to $239k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hocking Valley Gymnastics Boosters Organization Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Great Lakes Tritons Inc ($239k), Mutchler Community Center ($239k) and West Florida Lightning Aquatics ($239k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $143k against liabilities of $10k, net assets of $133k.