TN Gymnastics Inc

Analysis

TN Gymnastics Inc is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in December 2018, 8 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, TN Gymnastics Inc reported income of $231k and spending of $247k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $231k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TN Gymnastics Inc 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 57th percentile within TN. Charities of a similar size with the same main cause include Oakdale Baseball Softball Association ($231k), Grant County Fair Inc ($231k) and Sunshine Connection of Topeka Inc ($231k).

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 $3,422 against liabilities of $70k, net assets of -$67k.