Team Faith Wrestling Inc

Analysis

Team Faith Wrestling Inc is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in April 2015, 11 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, Team Faith Wrestling Inc reported income of $92k and spending of $103k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $92k (-2.5%), an average of -2.5% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Faith Wrestling Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within NV. Charities of a similar size with the same main cause include Skyline Youth Football Association ($92k), Rock Lacrosse Inc ($92k) and Glen Davies Volleyball Foundation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.