Hawkeye Wrestling Club

Analysis

Hawkeye Wrestling Club is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 1973, 53 years ago. 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 May 2024, Hawkeye Wrestling Club reported income of $1.2m and spending of $1.3m, spending 110% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $1.0m to $1.2m (+21%), an average of +3.8% a year. The sharpest change came in the year to May 2022, when income rose by 84%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawkeye 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 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include L E a R N ($1.2m), Raptor Inc ($1.2m) and Center for Human Appeareance Research & Educational Fund Inc ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $80k (6.0% of expenses). Other salaries and wages came to $100k. At year end it held assets of $3.4m against liabilities of $40k, net assets of $3.3m. It reported 3 employees.