Astro Gymnastics

Analysis

Astro Gymnastics is a registered charity in United States, based in King George, VA. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Astro Gymnastics reported income of $150k and spending of $179k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $150k (+262%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Astro Gymnastics sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Waunakee Touchdown Club Inc ($150k), Les Cheneaux Snowmobile Club ($150k) and Ellet Amateur Athletic Association Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 115% of the total. Other salaries and wages came to $103k. At year end it held assets of $12k against liabilities of $1,600, net assets of $10k. It reported 15 employees.