Blue Angels Gymnastics Club Inc

Analysis

Blue Angels Gymnastics Club Inc is a registered charity in United States, based in Galesville, WI. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Blue Angels Gymnastics Club Inc reported income of $229k and spending of $183k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $229k (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Blue Angels Gymnastics Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include 5180-5190 Ryla Inc ($229k), Streets 517 Ministries ($229k) and Wonderfully Made Ministry for Girls ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $91k. At year end it held assets of $260k against liabilities of $1,907, net assets of $258k. It reported 18 employees.