Germantown Hornets Wrestling Club Inc

Analysis

Germantown Hornets Wrestling Club Inc is a registered charity in United States, based in Menomonee FLS, WI. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Germantown Hornets Wrestling Club Inc reported income of $51k and spending of $31k, leaving 40% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $40k to $51k (+29%), an average of +29% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Germantown Hornets Wrestling Club Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Walled Lake Northern Knightsfootball Booster Club ($51k), Peters and Slatington Elementary Parent Teacher Organization ($51k) and New Martinsville Library Foundation Inc ($51k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 4.9% and program service revenue 54% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.