Penn State Lady Lion Volleyball Club Inc

Analysis

Penn State Lady Lion Volleyball Club Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2024, Penn State Lady Lion Volleyball Club Inc reported income of $133k and spending of $212k, spending 159% of what it took in. Across the 3 years on record, from June 2019 to June 2024, income fell from $174k to $133k (-24%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Penn State Lady Lion Volleyball Club Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Black and Yellow Baseball ($133k), Star Camp ($133k) and Miracle League at Pleasure Island Inc ($133k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 16% of the total. At year end it held assets of $246k against liabilities of $1,875, net assets of $244k.