Bemidji Wrestling Club

Analysis

Bemidji Wrestling Club is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in February 2011, 15 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 June 2024, Bemidji Wrestling Club reported income of $227k and spending of $155k, leaving 32% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $36k to $227k (+536%), an average of +85% a year. The sharpest change came in the year to June 2022, when income rose by 258%. 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, Bemidji Wrestling Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Surge International Inc ($227k), Thousand Oaks Girls Softball Association Inc ($228k) and Germantown Swim Team Association ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 37% of the total. At year end it held assets of $127k against liabilities of $749, net assets of $126k. It reported 1 employees.