Nittany Lion Wrestling Club

Analysis

Nittany Lion Wrestling Club is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in August 1982, 44 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 December 2023, Nittany Lion Wrestling Club reported income of $1.6m and spending of $2.1m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nittany Lion Wrestling Club sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Friends of Citrus and the Nature Coast Inc ($1.6m), National Christian Charitable Foundation Inc ($1.6m) and Meals on Wheels of Syracuse New York Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $92k (4.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.1m against liabilities of $0, net assets of $11.1m. It reported 21 employees.