Maryland Volleyball Program Inc

Analysis

Maryland Volleyball Program Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in February 2020, 6 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 September 2023, Maryland Volleyball Program Inc reported income of $360k and spending of $338k, spending 94% of its income. Across the 6 years on record, from December 2016 to September 2023, income grew from $59k to $360k (+515%), an average of +44% a year. The sharpest change came in the year to September 2022, when income rose by 219%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland Volleyball Program Inc 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 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Village Club & Preserve Inc ($360k), Italian American Baseball Foundation ($360k) and Homer Hockey Association ($360k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $4,019, net assets of $60k.