Garner Athletic Association

Analysis

Garner Athletic Association is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2024, Garner Athletic Association reported income of $127k and spending of $146k, spending 115% of what it took in. Across the 4 years on record, from August 2021 to August 2024, income grew from $99k to $127k (+28%), an average of +8.5% a year. The sharpest change came in the year to August 2022, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Garner Athletic Association sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include The New Jersey State Golf Association Youth Foundation Inc ($127k), Levi Legacy ($127k) and Theta Omega Inc ($127k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.