Team Palmetto Wrestling SC

Analysis

Team Palmetto Wrestling SC is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Team Palmetto Wrestling SC reported income of $192k and spending of $183k, spending 96% of its income. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Palmetto Wrestling SC sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 58th percentile within SC. Charities of a similar size with the same main cause include Needham Baseball and Softball Inc ($192k), Exeter Junior Baseball and Softball League Inc ($192k) and St Clairsville Area Soccer Association Inc ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.