Kinzua Wrestling Club Inc

Analysis

Kinzua Wrestling Club Inc is a registered charity in United States, based in Warren, PA. It received its IRS tax-exemption ruling in February 2023, 3 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, Kinzua Wrestling Club Inc reported income of $280k and spending of $48k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,677 to $280k (+3543%), an average of +3543% a year. The sharpest change came in the year to December 2023, when income rose by 3543%. Over the whole period it spent 18% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kinzua Wrestling Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Oiler Attack Club Inc ($280k), Pope County Fair Association ($280k) and Aerial East Booster Club ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.