Mat-Town USA Wrestling Club Inc

Analysis

Mat-Town USA Wrestling Club Inc is a registered charity in United States, based in Lock Haven, PA. It received its IRS tax-exemption ruling in November 2003, 23 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 June 2024, Mat-Town USA Wrestling Club Inc reported income of $94k and spending of $88k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $94k (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 235%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mat-Town USA Wrestling Club Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Outrigger Santa Cruz ($93k), Team Richmond Aau Basketball Assn ($94k) and Gift of Swimming Inc ($93k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 34% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.