Northern Lights Junior Volleyball Inc
Analysis
Northern Lights Junior Volleyball Inc is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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 August 2023, Northern Lights Junior Volleyball Inc reported income of $5.3m and spending of $5.1m, spending 95% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $2.0m to $5.3m (+164%), an average of +38% a year. The sharpest change came in the year to August 2021, when income rose by 110%. Over the whole period it spent 88% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Lights Junior Volleyball Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Cornerstone Rescue Mission ($5.3m), Local 15 15a 15d Operating Engineer Apprenticeship Skill Improvement ($5.3m) and Memorial Foundation Inc ($5.3m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $305k (6.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $362k, net assets of $2.4m. It reported 206 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.1%
- Program services 97%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cornerstone Rescue Mission | Rapid City | $5.3m |
| Local 15 15a 15d Operating Engineer Apprenticeship Skill Improvement | Long Is City | $5.3m |
| Memorial Foundation Inc | Hollywood | $5.3m |
| CNS Corporation | W Valley City | $5.3m |