Albert Lea Wrestling Booster Club

Analysis

Albert Lea Wrestling Booster Club is a registered charity in United States, based in Clarks Grove, MN. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Albert Lea Wrestling Booster Club reported income of $128k and spending of $118k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $128k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albert Lea Wrestling Booster Club 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 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Assist a Grad Scholarship Foundation Inc ($128k), Salinas High Music Association ($128k) and Encourage Tomorrow ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $193k against liabilities of $920, net assets of $192k. It reported 3 employees.