Champion Gymnastics Booster Club

Analysis

Champion Gymnastics Booster Club is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in December 2000, 26 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 June 2024, Champion Gymnastics Booster Club reported income of $52k and spending of $130k, spending 250% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $44k to $52k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 632%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Champion Gymnastics Booster Club sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Richard D Davis Foundation for the Developmentally Disabled Inc ($52k), PTA North Carolina Congress ($52k) and Family and Childrens Center Inc Trust ($52k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.