We Are Volleyball Elite

Analysis

We Are Volleyball Elite is a registered charity in United States, based in Manhattan BCH, CA. 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 December 2023, We Are Volleyball Elite reported income of $352k and spending of $341k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $244k to $352k (+44%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 36%. 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, We Are Volleyball Elite sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($352k), Inclusive Sports and Fitness Inc ($352k) and Mundelein Mustangs Swim Club ($352k).

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 $162k (48% of expenses). Other salaries and wages came to $69k. At year end it held assets of $15k against liabilities of $0, net assets of $15k.