Hutch Wrestling Club Inc

Analysis

Hutch Wrestling Club Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in March 1999, 27 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 April 2024, Hutch Wrestling Club Inc reported income of $60k and spending of $56k, spending 93% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $44k to $60k (+37%), an average of +37% a year. The sharpest change came in the year to April 2024, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hutch Wrestling Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Westside Wrestling Club Inc ($60k), Grayson Goal Club ($60k) and Xenia TD Club ($60k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 9.8% and program service revenue 33% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.