Bright Stars Gymnastics Parents Association a NJ Non Profit Corpor

Analysis

Bright Stars Gymnastics Parents Association a NJ Non Profit Corpor is a registered charity in United States, based in Egg HBR TWP, NJ. It received its IRS tax-exemption ruling in March 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, Bright Stars Gymnastics Parents Association a NJ Non Profit Corpor reported income of $169k and spending of $139k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $169k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bright Stars Gymnastics Parents Association a NJ Non Profit Corpor sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Oakland Express Baseball Club ($169k), Azle Quarterback Club ($169k) and Chittenden County Baseball Foundation Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $21k. At year end it held assets of $87k against liabilities of $0, net assets of $87k. It reported 6 employees.