Emerald City Academy of Rhythmic and Aesthetic Group Gymnastics

Analysis

Emerald City Academy of Rhythmic and Aesthetic Group Gymnastics is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Emerald City Academy of Rhythmic and Aesthetic Group Gymnastics reported income of $138k and spending of $111k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $305k to $138k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Emerald City Academy of Rhythmic and Aesthetic Group Gymnastics sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Rich May Foundation ($138k), Choice 4 Teens Mentoring Group ($138k) and Only the Beginning Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $342 against liabilities of $7,440, net assets of -$7,098.