Frederick Volleyball Club Juniors Inc

Analysis

Frederick Volleyball Club Juniors Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in September 2014, 12 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 2022, Frederick Volleyball Club Juniors Inc reported income of $604k and spending of $512k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $305k to $604k (+98%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frederick Volleyball Club Juniors Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Santa Barbara Showgrounds Foundation ($603k), Dayton Raiders Facilities Inc ($604k) and Heartland Therapeutic Riding Inc ($603k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.1% and program service revenue 92% of the total. Other salaries and wages came to $26k. At year end it held assets of $147k against liabilities of $5,132, net assets of $142k. It reported 2 employees.