River City Gymnastics Club Inc

Analysis

River City Gymnastics Club Inc is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in October 1997, 29 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 August 2024, River City Gymnastics Club Inc reported income of $295k and spending of $264k, spending 89% of its income. Across the 4 years on record, from August 2019 to August 2024, income grew from $146k to $295k (+102%), an average of +26% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, River City Gymnastics Club Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within SD. Charities of a similar size with the same main cause include Winchester Arms Collectors Assoc ($295k), 8687 Columbus Sharks ($295k) and Greater Evansville Swimming Inc ($295k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 3.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $18k (6.8% of expenses). Other salaries and wages came to $82k. At year end it held assets of $98k against liabilities of $6,216, net assets of $92k. It reported 39 employees.