Loveland Volleyball Inc

Analysis

Loveland Volleyball Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in March 2013, 13 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 December 2023, Loveland Volleyball Inc reported income of $228k and spending of $233k, spending 102% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $208k to $228k (+9.7%), an average of +4.7% a year. 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, Loveland Volleyball Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Kihei Canoe Club ($228k), Colorado Destination Academy ($228k) and Thousand Oaks Girls Softball Association Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (30% of expenses). At year end it held assets of $167k against liabilities of $0, net assets of $167k.