Nova Synchro of Virginia Inc

Analysis

Nova Synchro of Virginia Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2015, 11 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 August 2023, Nova Synchro of Virginia Inc reported income of $111k and spending of $95k, spending 86% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $104k to $111k (+6.7%), an average of +6.7% a year. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nova Synchro of Virginia Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Pasadena Panthers Incorporated ($111k), West Ranch High School Football Kick Off Club ($111k) and Winchester Girls Youth Lacrosse ($111k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 2.7% and program service revenue 3.5% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.