Gymnastics Support Organization Inc

Analysis

Gymnastics Support Organization Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1983, 43 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 May 2022, Gymnastics Support Organization Inc reported income of $106k and spending of $84k, leaving 21% of income unspent that year. Across the 3 years on record, from May 2019 to May 2022, income fell from $134k to $106k (-21%), an average of -11% a year. The sharpest change came in the year to May 2022, when income dropped by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gymnastics Support Organization Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Lake Beulah Sailing School Inc ($106k), C W Clark Memorial Library ($106k) and American Inns of Court Foundation ($106k).

On its Form 990 for the period ending May 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.