Gym Fort Worth Inc

Analysis

Gym Fort Worth Inc is a registered charity in United States, based in Rhome, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Gym Fort Worth Inc reported income of $119k and spending of $129k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $119k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gym Fort Worth Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Alaska Museum of Science and Nature ($119k), Impact Campus Fellowship Inc ($119k) and Manzanita Park BMX Club ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $3,410 against liabilities of $0, net assets of $3,410.