Asheville-Biltmore Volleyball Academy and Youth Athletic Associa

Analysis

Asheville-Biltmore Volleyball Academy and Youth Athletic Associa is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in August 2010, 16 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, Asheville-Biltmore Volleyball Academy and Youth Athletic Associa reported income of $203k and spending of $204k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $162k to $203k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. 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, Asheville-Biltmore Volleyball Academy and Youth Athletic Associa sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($203k), Marshall County Parks Incorporated ($203k) and Muscatine Soccer Club ($203k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $33k (16% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k.