Team Colorado Volleyball

Analysis

Team Colorado Volleyball is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2014, 12 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, Team Colorado Volleyball reported income of $664k and spending of $550k, spending 83% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $359k to $664k (+85%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Colorado Volleyball sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include New Settlement Community Campus Corp ($664k), Kenosha Blue Line Hockey Club Inc ($664k) and Bend Swim Club Inc ($663k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (13% of expenses). Other salaries and wages came to $138k. At year end it held assets of $473k against liabilities of $0, net assets of $473k.