C2x Wrestling Academy Inc

Analysis

C2x Wrestling Academy Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, C2x Wrestling Academy Inc reported income of $250k and spending of $233k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $218k to $250k (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C2x Wrestling Academy Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Steel Guitar Hall of Fame Inc ($250k), Habitat for Humanity International Inc ($250k) and All Ways Up Foundation ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $60k (26% of expenses). It paid $800 in professional fundraising fees. At year end it held assets of $38k against liabilities of $0, net assets of $38k.