Milwaukee Sting Volleyball Club Inc

Analysis

Milwaukee Sting Volleyball Club Inc is a registered charity in United States, based in Menomonee FLS, WI. It received its IRS tax-exemption ruling in May 1997, 29 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 2024, Milwaukee Sting Volleyball Club Inc reported income of $2.9m and spending of $2.8m, spending 95% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $2.0m to $2.9m (+48%), an average of +8.2% a year. The sharpest change came in the year to September 2024, when income rose by 47%. 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, Milwaukee Sting Volleyball Club Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Montgomery County Amateur Hockey Association Inc ($2.9m), National Association of Sports Commissions ($2.9m) and Hartford Marathon Foundation Inc ($2.9m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $136k (4.8% of expenses). Other salaries and wages came to $637k. At year end it held assets of $1.1m against liabilities of $352k, net assets of $734k. It reported 128 employees.