Carolina One Volleyball

Analysis

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

In the financial year ending September 2023, Carolina One Volleyball reported income of $948k and spending of $764k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $504k to $948k (+88%), an average of +17% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carolina One Volleyball 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 82nd percentile within SC. Charities of a similar size with the same main cause include W G Warriors Inc ($948k), Mississippi Futbol Club ($949k) and Empire State Youth Soccer Club Inc ($948k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $283k against liabilities of $18k, net assets of $265k.