Toledo Volleyball Club Inc

Analysis

Toledo Volleyball Club Inc is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Toledo Volleyball Club Inc reported income of $940k and spending of $866k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $728k to $940k (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Toledo Volleyball Club Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include The Zones ($940k), Boys & Girls Club of Missoula County ($941k) and Assumption College for Sisters ($940k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $15k (1.8% of expenses). Other salaries and wages came to $163k. At year end it held assets of $840k against liabilities of $375k, net assets of $465k. It reported 3 employees.