Texstar Volleyball Inc

Analysis

Texstar Volleyball Inc is a registered charity in United States, based in Weimar, TX. It received its IRS tax-exemption ruling in April 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, Texstar Volleyball Inc reported income of $142k and spending of $156k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $142k (-12%), an average of -12% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texstar Volleyball Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Blue Chips Public Relations Inc ($142k), Rochester Rowing Club of Minnesota ($142k) and Mt Pleasant Wildcats Football Club Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 8.6% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.