Sonshine Gymnastics Booster Club Inc

Analysis

Sonshine Gymnastics Booster Club Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in January 1995, 31 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 May 2024, Sonshine Gymnastics Booster Club Inc reported income of $55k and spending of $61k, spending 112% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $71k to $55k (-23%), an average of -23% a year. The sharpest change came in the year to May 2024, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sonshine Gymnastics Booster Club Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AR. Charities of a similar size with the same main cause include Princeton Soccer Academy NJ ($55k), Long Beach Neighborhood Foundation ($55k) and Wicker Park Advisory Council ($55k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.