Minnesota National Wrestling Duals

Analysis

Minnesota National Wrestling Duals is a registered charity in United States, based in Stewartville, MN. It received its IRS tax-exemption ruling in February 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Minnesota National Wrestling Duals reported income of $117k and spending of $123k, spending 105% of its income. Across the 5 years on record, from July 2019 to July 2024, income grew from $114k to $117k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to July 2023, when income rose by 49%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnesota National Wrestling Duals sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Kachemak Nordic Ski Club Inc ($117k), Healing Patriots Corp ($117k) and Menomonee Falls Youth Basketball Association Inc ($117k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 19% and program service revenue 67% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.