Midwest Gymnastics Booster Club

Analysis

Midwest Gymnastics Booster Club is a registered charity in United States, based in Little Canada, MN. It received its IRS tax-exemption ruling in March 2004, 22 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 June 2023, Midwest Gymnastics Booster Club reported income of $265k and spending of $208k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $290k to $265k (-8.7%), an average of -8.7% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midwest Gymnastics Booster Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Performance Initiatives Inc ($265k), Dayton Youth Sports Association ($265k) and Blue Earth County Fair Association ($265k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.