Wolfpack Wrestling Club Inc

Analysis

Wolfpack Wrestling Club Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wolfpack Wrestling Club Inc reported income of $108k and spending of $147k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $108k (-44%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wolfpack Wrestling Club Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Camp Northwest Inc ($108k), Camp Bluebonnet ($108k) and Highview ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $15k (10% of expenses). Other salaries and wages came to $52k. At year end it held assets of $516k against liabilities of $247, net assets of $516k. It reported 4 employees.