Miles City Wrestling Club Inc

Analysis

Miles City Wrestling Club Inc is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, Miles City Wrestling Club Inc reported income of $70k and spending of $59k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $315k to $70k (-78%), an average of -39% a year. The sharpest change came in the year to December 2021, when income dropped by 68%. Over the whole period it spent 29% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miles City Wrestling Club Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within MT. Charities of a similar size with the same main cause include Little League Baseball Inc ($70k), Olympians for Olympians Relief Fund ($70k) and St Peters Figure Skating Association ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $636k against liabilities of $0, net assets of $636k.