New England Region Volleyball Association Inc

Analysis

New England Region Volleyball Association Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, New England Region Volleyball Association Inc reported income of $4.6m and spending of $4.0m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $4.6m (+66%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 204%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New England Region Volleyball Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Fox Performing Arts Charitable Foundation ($4.6m), North Shore Exchange NFP ($4.6m) and Omprakash Inc ($4.6m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $359k (8.9% of expenses). Other salaries and wages came to $23k. At year end it held assets of $2.2m against liabilities of $183k, net assets of $2.0m. It reported 3 employees.