Indiana State Wrestling Assoc

Analysis

Indiana State Wrestling Assoc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1979, 47 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 August 2023, Indiana State Wrestling Assoc reported income of $909k and spending of $746k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $682k to $909k (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 257%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana State Wrestling Assoc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include New Canaan Football Club Inc ($908k), Gan Israel Chabad ($910k) and Greater Bullitt County Youth Football & Cheer ($908k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $33k. At year end it held assets of $424k against liabilities of $703, net assets of $423k. It reported 2 employees.