Mon-Dak Gymnastics Support Group

Analysis

Mon-Dak Gymnastics Support Group is a registered charity in United States, based in Williston, ND. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Mon-Dak Gymnastics Support Group reported income of $314k and spending of $251k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $314k (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mon-Dak Gymnastics Support Group sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within ND. Charities of a similar size with the same main cause include Tri Yoga International ($314k), Oregon Hockey Officials Association Inc ($315k) and Lititz Springs Park Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $100k. At year end it held assets of $1.1m against liabilities of $620k, net assets of $498k. It reported 10 employees.