Grit and Gratitude Wrestling Academy

Analysis

Grit and Gratitude Wrestling Academy is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in September 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grit and Gratitude Wrestling Academy reported income of $105k and spending of $81k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $98k to $105k (+6.5%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Grit and Gratitude Wrestling Academy sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Kindness Keepers ($105k), Casa of Autauga and Chilton Counties ($105k) and Minds Matter ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.