Friends of Section 9 Wrestling

Analysis

Friends of Section 9 Wrestling is a registered charity in United States, based in Forestdale, MA. It received its IRS tax-exemption ruling in November 2002, 24 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 March 2024, Friends of Section 9 Wrestling reported income of $75k and spending of $52k, leaving 30% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $59k to $75k (+27%), an average of +27% a year. The sharpest change came in the year to March 2024, when income rose by 27%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Section 9 Wrestling sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Chicago Duplicate Bridge Inc ($75k), Sand Diego Association of Usatf Inc ($75k) and Committed Christian Outdoors ($75k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.