Michigan Youth Wrestling Association

Analysis

Michigan Youth Wrestling Association is a registered charity in United States, based in Lowell, MI. It received its IRS tax-exemption ruling in March 2006, 20 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 June 2023, Michigan Youth Wrestling Association reported income of $871k and spending of $720k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $643k to $871k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 529%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Youth Wrestling Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Friends of Neve College for Women Inc ($871k), Charlotte Touchdown Club ($871k) and The Soup Kitchen of Greater Wheeling Inc ($871k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3,584 (0.5% of expenses). At year end it held assets of $269k against liabilities of $2,444, net assets of $266k. It reported 10 employees.