Chattanooga Takedown Club

Analysis

Chattanooga Takedown Club is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in February 2003, 23 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, Chattanooga Takedown Club reported income of $99k and spending of $86k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $106k to $99k (-6.4%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chattanooga Takedown Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include East Carteret High School Athletic Booster Association Inc ($99k), Rupert Village Trust Inc ($99k) and Area Tallahassee Aquatic Club Boosters Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $14k against liabilities of $0, net assets of $14k.