New Ulm Youth Wrestling Assoc Inc

Analysis

New Ulm Youth Wrestling Assoc Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in March 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Ulm Youth Wrestling Assoc Inc reported income of $91k and spending of $36k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9,823 to $91k (+827%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 1230%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Ulm Youth Wrestling Assoc Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Friends of Harriman State Park Incorporated ($91k), Lynn Youth Soccer ($91k) and Friends of Harkness Memorial State Park ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 40% of the total. At year end it held assets of $390k against liabilities of $21k, net assets of $369k. It reported 1 employees.