Gym Stars Booster Club

Analysis

Gym Stars Booster Club is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in August 1991, 35 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 August 2023, Gym Stars Booster Club reported income of $115k and spending of $110k, spending 96% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $173k to $115k (-34%), an average of -34% a year. The sharpest change came in the year to August 2023, when income dropped by 34%. 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, Gym Stars Booster Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within SD. Charities of a similar size with the same main cause include Utah Fencing Foundation Inc ($115k), Capital Crush Fast Pitch Softball ($115k) and Lanesville Youth Baseball and Softball League Inc ($115k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.7% and program service revenue 90% of the total. At year end it held assets of $149k against liabilities of $8,846, net assets of $140k.