Kendrick Gymnastics

Analysis

Kendrick Gymnastics is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in January 2020, 6 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 August 2023, Kendrick Gymnastics reported income of $360k and spending of $361k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $281k to $360k (+28%), an average of +28% a year. The sharpest change came in the year to August 2023, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kendrick Gymnastics sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Dragonfly Capacity Development ($360k), The Jp4 Foundation ($360k) and Umstead Coalition ($360k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $116k (32% of expenses). It paid $191 in professional fundraising fees. At year end it held assets of $70k against liabilities of $2,892, net assets of $67k. It reported 15 employees.