Ketchikan Gymnastics Club

Analysis

Ketchikan Gymnastics Club is a registered charity in United States, based in Ketchikan, AK. It received its IRS tax-exemption ruling in December 1990, 36 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 December 2023, Ketchikan Gymnastics Club reported income of $158k and spending of $164k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $160k to $158k (-1.2%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ketchikan Gymnastics Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within AK. Charities of a similar size with the same main cause include Southern Indianapolis Youth Hockey Association ($158k), Kimball Baseball and Softball ($158k) and Little League Baseball Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Other salaries and wages came to $64k. At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 18 employees.