Chelmsford Youth Wrestling Inc

Analysis

Chelmsford Youth Wrestling Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in September 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 December 2023, Chelmsford Youth Wrestling Inc reported income of $61k and spending of $51k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $61k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. 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, Chelmsford Youth Wrestling Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Firelands Falcons BST Inc ($61k), Colorado Karate Association ($61k) and Fairfield Youth Athletic Association ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.