Foothills Gymnastics Association

Analysis

Foothills Gymnastics Association is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2023, Foothills Gymnastics Association reported income of $428k and spending of $467k, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $238k to $428k (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foothills Gymnastics Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Perham Area Youth Hockeyassociation ($428k), Elmbrook Swim Club Ltd ($429k) and Midwest City Soccer Club ($428k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.