Christiansburg Blue Demon Wrestling Club Inc

Analysis

Christiansburg Blue Demon Wrestling Club Inc is a registered charity in United States, based in Christiansbrg, VA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Christiansburg Blue Demon Wrestling Club Inc reported income of $61k and spending of $82k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $61k (-71%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christiansburg Blue Demon Wrestling Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Lone Elementary PTO ($61k), Valley Oak Parent Club ($61k) and Norfolk Historical Foundation ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 4.7% of the total. At year end it held assets of $39k against liabilities of $50k, net assets of -$12k.