Sudden Impact Volleyball Club

Analysis

Sudden Impact Volleyball Club is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 2005, 21 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 September 2023, Sudden Impact Volleyball Club reported income of $1.4m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2021, when income rose by 44%. 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, Sudden Impact Volleyball Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Southside Soccer Club ($1.3m), Appleton Ice Inc ($1.4m) and Austin Metro Hockey Association ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $218k (17% of expenses). Other salaries and wages came to $3,944. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 3 employees.