United States of America Wrestling Association

Analysis

United States of America Wrestling Association is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in February 1972, 54 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, United States of America Wrestling Association reported income of $19.6m and spending of $17.2m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.2m to $19.6m (+38%), an average of +8.3% a year. The sharpest change came in the year to August 2022, when income rose by 28%. 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, United States of America Wrestling Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Rinks Foundation ($19.0m), American Council on Exercise ($19.6m) and United States Ski Team Foundation ($19.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $762k (4.4% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $18.9m against liabilities of $3.7m, net assets of $15.2m. It reported 52 employees.