Eric Monday Memorial Wrestling Foundation

Analysis

Eric Monday Memorial Wrestling Foundation is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in October 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eric Monday Memorial Wrestling Foundation reported income of $99k and spending of $62k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $99k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eric Monday Memorial Wrestling Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Hellfighters Youth Development Inc ($99k), Brighton Township Bears Inc ($99k) and Pine Park Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.