Prior Lake Wrestling Club

Analysis

Prior Lake Wrestling Club is a registered charity in United States, based in Prior Lake, MN. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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 September 2023, Prior Lake Wrestling Club reported income of $68k and spending of $81k, spending 119% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $75k to $68k (-9.9%), an average of -9.9% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prior Lake Wrestling Club 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 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Rink Foundation Inc ($68k), Dune Acres Civic Improvement Foundation Inc ($68k) and Top of Oklahoma Historical Society 300 S Main ($68k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.