Virginia Gymnastics Booster Club Inc

Analysis

Virginia Gymnastics Booster Club Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in August 2003, 23 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, Virginia Gymnastics Booster Club Inc reported income of $193k and spending of $197k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $193k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virginia Gymnastics Booster Club Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Fox Valley Hawks Hockey Club ($193k), Shark Coast FC Inc ($193k) and Gillette Hockey Association Inc ($193k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 84% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.