Chapel Hill Area Volleyball Club

Analysis

Chapel Hill Area Volleyball Club is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in February 2009, 17 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 August 2024, Chapel Hill Area Volleyball Club reported income of $947k and spending of $632k, leaving 33% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $282k to $947k (+236%), an average of +35% a year. The sharpest change came in the year to August 2021, when income rose by 74%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chapel Hill Area Volleyball Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Youth League Tennis ($946k), Sugar House Park Authority Inc ($947k) and Pokes with a Purpose Inc ($946k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). At year end it held assets of $923k against liabilities of $0, net assets of $923k.