Colorado Gymnastics Parents

Analysis

Colorado Gymnastics Parents is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Colorado Gymnastics Parents reported income of $51k and spending of $54k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $6,861 to $51k (+649%), an average of +649% a year. The sharpest change came in the year to June 2024, when income rose by 649%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Gymnastics Parents sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within CO. Charities of a similar size with the same main cause include Conejo Swimming Assn Parents Organization ($51k), Utah Hunter-Jumper Association Inc ($51k) and Anchorage Rowing Association ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.6% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.