4th Ave Gym Foundation Inc

Analysis

4th Ave Gym Foundation Inc is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in July 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 4th Ave Gym Foundation Inc reported income of $110k and spending of $66k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $110k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 4th Ave Gym Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Vail International Hockey Tournament Inc ($110k), Yorktown Junior Athletic Association Inc ($110k) and Daughters at Play Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $121k against liabilities of $33, net assets of $121k.