Gymnats Booster Club Inc

Analysis

Gymnats Booster Club Inc is a registered charity in United States, based in Tucker, GA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gymnats Booster Club Inc reported income of $87k and spending of $50k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $87k (+65%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gymnats Booster Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Tracy High Football Boosters ($87k), Southeast Cincinnati Soccer Association ($87k) and Broad Run Crew Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $1,500, net assets of $38k.