Terrapin Wrestling Club Inc

Analysis

Terrapin Wrestling Club Inc is a registered charity in United States, based in Brookeville, MD. 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 (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, Terrapin Wrestling Club Inc reported income of $217k and spending of $188k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $217k (+148%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Terrapin Wrestling Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include River City Youth Athletics Incorporated ($217k), Albany City Rocks Inc ($217k) and Altamaha Park of Glynn County Inc ($217k).

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 $81k against liabilities of $0, net assets of $81k.