Oklahoma Kids Wrestling Association Inc

Analysis

Oklahoma Kids Wrestling Association Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oklahoma Kids Wrestling Association Inc reported income of $303k and spending of $259k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $180k to $303k (+69%), an average of +69% a year. The sharpest change came in the year to June 2024, when income rose by 69%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oklahoma Kids Wrestling Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Festivals of Cedarburg Inc ($303k), 2 for 2 Foundation Inc ($303k) and Flier Football Foundation Inc ($303k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $3,000 (1.2% of expenses). At year end it held assets of $204k against liabilities of $0, net assets of $204k.