United States Wrestling Foundation

Analysis

United States Wrestling Foundation is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in June 2014, 12 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, United States Wrestling Foundation reported income of $376k and spending of $385k, spending 102% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $247k to $376k (+52%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 38%. 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, United States Wrestling Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Veterans Afield Foundation ($376k), Floral Park Indians Athletic Club Inc ($376k) and Girls Leading Girls Inc ($376k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $86k against liabilities of $12k, net assets of $74k. It reported 1 employees.