Wantagh Wrestling Alumni & Friends

Analysis

Wantagh Wrestling Alumni & Friends is a registered charity in United States, based in Wantagh, NY. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wantagh Wrestling Alumni & Friends reported income of $54k and spending of $42k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $54k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wantagh Wrestling Alumni & Friends sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Bright Destiny ($54k), Courtside Volleyball Club ($54k) and Technologists Aspiring Through Servant Leadership ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.