Florida Amateur Wrestling Association Inc

Analysis

Florida Amateur Wrestling Association Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in April 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 August 2023, Florida Amateur Wrestling Association Inc reported income of $366k and spending of $339k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $236k to $366k (+55%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 1135%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida Amateur Wrestling Association Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include American Canyon Community & Parks Foundation ($366k), Aquatics Unlimited ($366k) and Conyngham Valley Civic Organization ($366k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $13k (3.8% of expenses). At year end it held assets of $78k against liabilities of $0, net assets of $78k.