Wellington Wrestling Club Inc

Analysis

Wellington Wrestling Club Inc is a registered charity in United States, based in Wellington, 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 2024, Wellington Wrestling Club Inc reported income of $67k and spending of $58k, spending 87% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $31k to $67k (+117%), an average of +117% a year. The sharpest change came in the year to August 2024, when income rose by 117%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wellington Wrestling Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Channel Islands Harbor Foundation ($67k), South Central Foundation for Fitness Dance and Arts ($67k) and Jeuness Track Club Inc ($67k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 70% of the total. At year end it held assets of $9,145 against liabilities of $0, net assets of $9,145.