Iroquois-Empire Volleyball Association Inc

Analysis

Iroquois-Empire Volleyball Association Inc is a registered charity in United States, based in Lisbon, NY. It received its IRS tax-exemption ruling in August 1984, 42 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 October 2023, Iroquois-Empire Volleyball Association Inc reported income of $478k and spending of $422k, spending 88% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $466k to $478k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to October 2022, when income rose by 208%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iroquois-Empire Volleyball Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Child and Family Institute of Fairfield County Inc ($478k), Oak Center Cultural Center ($478k) and Kent Valley Hockey Association ($478k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $241k against liabilities of $9,504, net assets of $231k.