USA Gymnastics Region 3

Analysis

USA Gymnastics Region 3 is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in December 2002, 24 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 December 2023, USA Gymnastics Region 3 reported income of $231k and spending of $132k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $261k to $231k (-12%), an average of -6.0% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Gymnastics Region 3 sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Harris Ball Club Inc ($231k), Woodlands Junior High Lacrosse Club ($231k) and Karatedo Honma Dojo Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 92% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.