Maryland State Wrestling Assoc

Analysis

Maryland State Wrestling Assoc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2017, 9 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 August 2023, Maryland State Wrestling Assoc reported income of $300k and spending of $278k, spending 93% of its income. Across the 3 years on record, from August 2019 to August 2023, income grew from $210k to $300k (+43%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland State Wrestling Assoc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include American Legion High School Rodeo of Wyoming Inc ($300k), Joy of Sake Ohana ($300k) and United States Foundation for Amateur Roller Skating ($300k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 20% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.