Gymkats Booster Club

Analysis

Gymkats Booster Club is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gymkats Booster Club reported income of $107k and spending of $138k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $107k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gymkats Booster Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Families Creating Communities for Adults with Special Needs Inc ($107k), Our Divine Savior Chico Conference Society of St Vincent de Paul ($107k) and One2another ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $314k against liabilities of $743, net assets of $313k.