Beat the Streets Wrestling Program Philadelphia

Analysis

Beat the Streets Wrestling Program Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2010, 16 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 July 2024, Beat the Streets Wrestling Program Philadelphia reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $970k to $1.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to July 2023, when income rose by 77%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beat the Streets Wrestling Program Philadelphia sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Mile High 360 ($1.4m), St Johns Middle School Athletic Assoc ($1.4m) and Montour Trail Council ($1.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $138k. At year end it held assets of $1.5m against liabilities of $908k, net assets of $578k. It reported 5 employees.