Premier Volleyball Club

Analysis

Premier Volleyball Club is a registered charity in United States, based in Andover, MN. It received its IRS tax-exemption ruling in August 2011, 15 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, Premier Volleyball Club reported income of $269k and spending of $268k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $261k to $269k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Premier Volleyball Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Soldiers Freedom Outdoors Inc ($269k), San Gabriel Valley Training Center Trust ($269k) and Oakdale Soccer Club ($269k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (5.2% of expenses). At year end it held assets of $99k against liabilities of $0, net assets of $99k.