North Carolina Elite Volleyball Club

Analysis

North Carolina Elite Volleyball Club is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, North Carolina Elite Volleyball Club reported income of $355k and spending of $311k, spending 88% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $704k to $355k (-49%), an average of -20% a year. The sharpest change came in the year to July 2021, when income dropped by 63%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina Elite Volleyball Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include York-Adams Community Tennis Association ($355k), Friends of Laurelwood Arboretum Inc ($355k) and Scarsdale Travel Softball Inc ($355k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $518k against liabilities of $2,101, net assets of $516k.