Northern Virginia Wrestling Club

Analysis

Northern Virginia Wrestling Club is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Northern Virginia Wrestling Club reported income of $152k and spending of $152k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $152k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Virginia Wrestling Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include King Sejong Institute Washington DC ($152k), Kolbe Immaculata School ($152k) and Pennsylvania Ffa Alumni Association ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $33k against liabilities of $1,823, net assets of $31k.