Norwalk Youth Wrestling Club

Analysis

Norwalk Youth Wrestling Club is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Norwalk Youth Wrestling Club reported income of $55k and spending of $47k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $23k to $55k (+133%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 1783%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Norwalk Youth Wrestling Club sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Lifespring Centerplace II Inc ($55k), Calvarys Comfort Ministries Inc ($55k) and Lifeline to Seamen Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.