Princeton Wrestling Club Inc

Analysis

Princeton Wrestling Club Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 2017, 9 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 July 2023, Princeton Wrestling Club Inc reported income of $648k and spending of $559k, spending 86% of its income. Across the 5 years on record, from December 2019 to July 2023, income grew from $258k to $648k (+152%), an average of +26% a year. The sharpest change came in the year to July 2021, when income rose by 113%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Princeton Wrestling Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Old Kings Orchard Community Center Inc ($648k), Dolphin Swimming and Boating Foundation ($649k) and Plymouth Wayzata Youth Baseball Association ($648k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 91% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $15k (2.7% of expenses). Other salaries and wages came to $356k. At year end it held assets of $241k against liabilities of $0, net assets of $241k. It reported 10 employees.