Alaska USA Wrestling Inc

Analysis

Alaska USA Wrestling Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 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 August 2023, Alaska USA Wrestling Inc reported income of $343k and spending of $322k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $313k to $343k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to August 2022, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alaska USA Wrestling Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within AK. Charities of a similar size with the same main cause include Odin Waterpolo Club ($343k), Wayzata Girls Basketball Association ($343k) and Rabun County Athletic Booster Club Inc ($342k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $14k. At year end it held assets of $131k against liabilities of $0, net assets of $131k. It reported 1 employees.