Falcon Wrestling Association

Analysis

Falcon Wrestling Association is a registered charity in United States, based in Connellsville, PA. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Falcon Wrestling Association reported income of $135k and spending of $143k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $135k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Falcon Wrestling Association sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Woodland Recreation Foundation ($135k), Little League Baseball Inc ($136k) and Terrebonne Family Carnival Club Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 63% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.