Lakeland Wrestling Club

Analysis

Lakeland Wrestling Club is a registered charity in United States, based in Rathdrum, ID. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeland Wrestling Club reported income of $51k and spending of $43k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $51k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 498%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeland Wrestling Club sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within ID. Charities of a similar size with the same main cause include Santa Ynez Valley Equestrian Association ($51k), Addison United Soccer League ($51k) and New Berlin Eisenhower Football Booster Club ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 71% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.