Rolling Thunder Volleyball Club Inc

Analysis

Rolling Thunder Volleyball Club Inc is a registered charity in United States, based in Long Grove, IL. It received its IRS tax-exemption ruling in April 2001, 25 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, Rolling Thunder Volleyball Club Inc reported income of $62k and spending of $62k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $62k to $62k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rolling Thunder Volleyball Club Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Seashellsyachtclub Inc NFP ($62k), Cincinnati USA Sports Commission ($62k) and San Diego Outrigger Canoe Club ($62k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,000 (9.7% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.