Alaska Olpympic Gymnastics Inc

Analysis

Alaska Olpympic Gymnastics Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Alaska Olpympic Gymnastics Inc reported income of $124k and spending of $126k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $124k (-13%), an average of -13% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alaska Olpympic Gymnastics 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 43rd percentile, and in the 38th percentile within AK. Charities of a similar size with the same main cause include Nachal Avraham ($124k), Wear a Big Smile Foundation ($124k) and Red River Valley Motorcyclists ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.