Texas USA Wrestling

Analysis

Texas USA Wrestling is a registered charity in United States, based in Friendswood, TX. It received its IRS tax-exemption ruling in October 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Texas USA Wrestling reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $904k to $1.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to August 2022, when income rose by 72%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texas USA Wrestling sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Springdale Benevolent Foundation ($1.3m), Hawaii Rush Soccer Club ($1.3m) and United States Twirling Association Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $495k against liabilities of $9,326, net assets of $486k.