Great Bridge Wrestling Booster Club

Analysis

Great Bridge Wrestling Booster Club is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in February 2000, 26 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 June 2024, Great Bridge Wrestling Booster Club reported income of $87k and spending of $95k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $98k to $87k (-11%), an average of -11% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Bridge Wrestling Booster Club sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Revere Youth Football Association Inc ($87k), Dixie High Fooball Boosters Inc ($87k) and Brantingham Snowmobile Club Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $1,015, net assets of $24k.