Waterloo Bulldog Wrestling

Analysis

Waterloo Bulldog Wrestling is a registered charity in United States, based in Waterloo, IL. It received its IRS tax-exemption ruling in November 2018, 8 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, Waterloo Bulldog Wrestling reported income of $99k and spending of $73k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $99k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waterloo Bulldog Wrestling sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Cutting Edge Figure Skating Club Ltd ($99k), West Surburban Water Polo Club ($99k) and Cavallino Classic Foundation Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 77% of the total. At year end it held assets of $575k against liabilities of $414k, net assets of $161k.