Twin Cities Wrestling Club Inc

Analysis

Twin Cities Wrestling Club Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1997, 29 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 December 2023, Twin Cities Wrestling Club Inc reported income of $57k and spending of $61k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $57k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 312%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Twin Cities Wrestling Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Friends of Quarry Road ($57k), Orange County Top Tennis ($57k) and Rocky Mountain Dressage Society Incorporated ($57k).

At year end it held assets of $22k against liabilities of $391, net assets of $22k. It reported 2 employees.