Gymstrada Parents Association

Analysis

Gymstrada Parents Association is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Gymstrada Parents Association reported income of $233k and spending of $261k, spending 112% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $189k to $233k (+23%), an average of +7.2% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gymstrada Parents Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Little Montessori School ($233k), Los Angeles County African American Employees Association ($233k) and Lets Be Ready ($233k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 61% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.