Titan Mercury Wrestling Club Inc

Analysis

Titan Mercury Wrestling Club Inc is a registered charity in United States, based in San Marino, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2017, Titan Mercury Wrestling Club Inc reported income of $2.2m and spending of $2.0m, spending 89% of its income. Across the 3 years on record, from December 2015 to December 2017, income grew from $1.7m to $2.2m (+30%), an average of +14% a year. The sharpest change came in the year to December 2017, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Titan Mercury Wrestling Club Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Camp Grier ($2.2m), Springfield Sports Club Inc ($2.2m) and Berrien Co Youth Fair Assn ($2.2m).

On its Form 990 for the period ending December 2017, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $129k (6.6% of expenses). Other salaries and wages came to $238k. At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 9 employees.