Montgomery Youth Wrestling Leagueinc

Analysis

Montgomery Youth Wrestling Leagueinc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in August 2007, 19 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, Montgomery Youth Wrestling Leagueinc reported income of $207k and spending of $195k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $296k to $207k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Montgomery Youth Wrestling Leagueinc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Kaleidoscope of Wny Inc ($207k), Slo Swim Club Inc ($207k) and Usa-Nevada Wrestling ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.