Lakeshore Storm Volleyball Club Inc

Analysis

Lakeshore Storm Volleyball Club Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2024, Lakeshore Storm Volleyball Club Inc reported income of $93k and spending of $59k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $25k to $93k (+268%), an average of +268% a year. The sharpest change came in the year to June 2024, when income rose by 268%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lakeshore Storm Volleyball Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include Girls Thrive Inc ($93k), Little League Baseball Inc ($93k) and Rockridge Athletic Boosters Inc ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 20% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.