International Gymnastives Association Inc

Analysis

International Gymnastives Association Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 December 2023, International Gymnastives Association Inc reported income of $386k and spending of $317k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $386k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Gymnastives Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Sunrise Child Care Inc ($386k), Greater Bridgeport Symphony Society Inc ($386k) and American Southwestern Railway Association Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.