Kodiak Kid Wrestling Club

Analysis

Kodiak Kid Wrestling Club is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in April 2003, 23 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, Kodiak Kid Wrestling Club reported income of $75k and spending of $59k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $75k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kodiak Kid Wrestling Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within AK. Charities of a similar size with the same main cause include Trousdell Gymnastics Center Booster Club Inc ($75k), Snapkids Inc ($75k) and Toms River Lacrosse Club Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 42% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.