San Mateo Gymnastics Booster Club

Analysis

San Mateo Gymnastics Booster Club is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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 June 2023, San Mateo Gymnastics Booster Club reported income of $193k and spending of $183k, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $253k to $193k (-24%), an average of -8.7% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Mateo Gymnastics Booster Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include C N Wodehouse American Cancer Society Trust ($193k), Manitowoc Public Library Foundation Inc ($193k) and Iglesia Cristiana Buenas Nuevas Inc ($193k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 92% of the total. At year end it held assets of $165k against liabilities of $5,608, net assets of $159k.