Kentucky USA Wrestling Inc

Analysis

Kentucky USA Wrestling Inc is a registered charity in United States, based in Sturgis, KY. It received its IRS tax-exemption ruling in May 2024, 2 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 2023, Kentucky USA Wrestling Inc reported income of $188k and spending of $132k, leaving 30% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $57k to $188k (+230%), an average of +82% a year. The sharpest change came in the year to August 2022, when income rose by 164%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kentucky USA Wrestling Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($188k), Soccer Academy of the Americasmiami Inc ($188k) and Encinitas Mustang Lacrosse Inc ($188k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.