Caldwell Wrestling Club a NJ Nonprofit Corporation

Analysis

Caldwell Wrestling Club a NJ Nonprofit Corporation is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Caldwell Wrestling Club a NJ Nonprofit Corporation reported income of $71k and spending of $70k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $71k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Caldwell Wrestling Club a NJ Nonprofit Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Fulton Wrestling Club Inc ($71k), Cary Baseball League ($71k) and Fairbrook Parent Teacher Organization ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.