Naydenov Gymnastics Boosters Club

Analysis

Naydenov Gymnastics Boosters Club is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, Naydenov Gymnastics Boosters Club reported income of $465k and spending of $400k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $282k to $465k (+65%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 993%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Naydenov Gymnastics Boosters Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include West Branch Athletic Booster Club Inc ($465k), New Rockford Area Betterment Corporation ($465k) and Hoiwai Fund ($465k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.