Golden Eagle Wrestling Club of Colorado

Analysis

Golden Eagle Wrestling Club of Colorado is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Golden Eagle Wrestling Club of Colorado reported income of $87k and spending of $110k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $87k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Golden Eagle Wrestling Club of Colorado sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Waverly-Shell Rock Boys Basketball Club ($87k), Palmyra Area Minor Hockey Association ($87k) and Hearts That Hope USA ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $60k against liabilities of $19k, net assets of $41k.