Kennett Community Wrestling Club

Analysis

Kennett Community Wrestling Club is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in July 2009, 17 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, Kennett Community Wrestling Club reported income of $184k and spending of $167k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $188k to $184k (-2.3%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kennett Community Wrestling Club sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Lanakila Volleyball Academy ($184k), F C Pocono Inc ($184k) and Fire and Ice Boosters ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 68% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.