Elk River Wrestling Booster Club

Analysis

Elk River Wrestling Booster Club is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in August 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Elk River Wrestling Booster Club reported income of $95k and spending of $75k, leaving 21% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $59k to $95k (+62%), an average of +62% a year. The sharpest change came in the year to May 2024, when income rose by 62%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elk River Wrestling Booster Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Seacoast Swim Club ($95k), East Lyme Youth Football and Cheerleading Inc ($95k) and Mad Rollin Dolls Inc ($95k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 7.2% and program service revenue 57% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.