Panther Wrestling Club Inc

Analysis

Panther Wrestling Club Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in October 2012, 14 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, Panther Wrestling Club Inc reported income of $218k and spending of $214k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $199k to $218k (+9.8%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Panther Wrestling Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include USA Swimming Inc ($218k), North Texas State Soccer Association Inc ($218k) and Artistic Swim Ohio ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.