Oregon Gymnastics Academy

Analysis

Oregon Gymnastics Academy is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 1981, 45 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, Oregon Gymnastics Academy reported income of $2.9m and spending of $2.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oregon Gymnastics Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include San Juan Soccer Club ($2.9m), Eastern New York Youth Soccer Association Inc ($2.9m) and Heart of America Region Volleyball Association ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $230k (9.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 99 employees.