Brighton Wrestling Club Incorporated

Analysis

Brighton Wrestling Club Incorporated is a registered charity in United States, based in Brighton, CO. It received its IRS tax-exemption ruling in January 2011, 15 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 December 2023, Brighton Wrestling Club Incorporated reported income of $165k and spending of $160k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $165k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brighton Wrestling Club Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Helping with Horsepower a Spirithorse Center ($165k), Little League Baseball Inc ($165k) and Clutch Up Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.