Carmel USA Wrestling Club Inc

Analysis

Carmel USA Wrestling Club Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 2011, 15 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, Carmel USA Wrestling Club Inc reported income of $71k and spending of $62k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $71k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carmel USA Wrestling Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Lanier High School Dugout Club Inc ($71k), Gatlinburg Highlander Youth Athletic Association Inc ($71k) and 4 the Kidz ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 32% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.