Edwardsville Wrestling Club

Analysis

Edwardsville Wrestling Club is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in October 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Edwardsville Wrestling Club reported income of $347k and spending of $323k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $347k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edwardsville Wrestling Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include WTRC Sharks Swim Team Inc ($347k), Worcester County Crush ($347k) and Extra Bases Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $102k (32% of expenses). Other salaries and wages came to $90k. At year end it held assets of $36k against liabilities of $0, net assets of $36k.