Team Up Gymnastics Association Inc
Analysis
Team Up Gymnastics Association Inc is a registered charity in United States, based in Lake Hallie, WI. It received its IRS tax-exemption ruling in April 2016, 10 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, Team Up Gymnastics Association Inc reported income of $56k and spending of $78k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $56k (-14%), an average of -14% a year. Over the whole period it spent 110% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Up Gymnastics Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include United States Luge Federation Foundation Inc ($56k), Harrison High School Soccer Booster Club ($56k) and Tip Inc ($56k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 17% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.
Income and spending
Where the income comes from
- Program services 17%
- Other 83%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United States Luge Federation Foundation Inc | Lake Placid | $56k |
| Harrison High School Soccer Booster Club | Kennesaw | $56k |
| Tip Inc | Brainerd | $56k |
| Lakeland Area Mountain Bike Organization Incorporated | Woodruff | $56k |