Mid Michigan Gymnastics Booster Club

Analysis

Mid Michigan Gymnastics Booster Club is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in February 1999, 27 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 2023, Mid Michigan Gymnastics Booster Club reported income of $536k and spending of $458k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $317k to $536k (+69%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 271%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mid Michigan Gymnastics Booster Club sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Little League Baseball Inc ($536k), Charlevoix Area Community Pool ($536k) and Nrva Inc ($536k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 68% of the total. At year end it held assets of $176k against liabilities of -$869, net assets of $177k.