Long Island Volleyball Club Inc

Analysis

Long Island Volleyball Club Inc is a registered charity in United States, based in Blue Point, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 August 2023, Long Island Volleyball Club Inc reported income of $938k and spending of $933k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $616k to $938k (+52%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Long Island Volleyball Club 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 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Barrington Youth Baseball Inc ($938k), Beach Cities Sports ($939k) and Buffalo Maritime Center Inc ($938k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $352k against liabilities of $45k, net assets of $307k.