Red River Infinity Volleyball Inc

Analysis

Red River Infinity Volleyball Inc is a registered charity in United States, based in West Fargo, ND. It received its IRS tax-exemption ruling in May 2019, 7 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 July 2023, Red River Infinity Volleyball Inc reported income of $520k and spending of $646k, spending 124% of what it took in. Across the 6 years on record, from February 2019 to July 2023, income grew from $258k to $520k (+101%), an average of +15% a year. The sharpest change came in the year to July 2021, when income rose by 3933%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Red River Infinity Volleyball Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ND. Charities of a similar size with the same main cause include Pssi Washington Inc ($519k), 16 10 Now & Then Inc ($520k) and Twin Cities Fundraising Association ($519k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $169k. It paid $20k in professional fundraising fees. At year end it held assets of $238k against liabilities of $2,867, net assets of $235k. It reported 21 employees.