Cleveland Volleyball Company Inc

Analysis

Cleveland Volleyball Company Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in September 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cleveland Volleyball Company Inc reported income of $60k and spending of $157k, spending 261% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $914k to $60k (-93%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cleveland Volleyball Company Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Elliott-West End Athletic Association ($60k), Girdwood Nordic Ski Club ($60k) and Farmington Youth Lacrosse Association ($60k).

At year end it held assets of $405k against liabilities of $0, net assets of $405k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.