Heartland Volleyball Club

Analysis

Heartland Volleyball Club is a registered charity in United States, based in Milaca, MN. It received its IRS tax-exemption ruling in December 2002, 24 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 December 2023, Heartland Volleyball Club reported income of $170k and spending of $143k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $170k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heartland Volleyball Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Broken Boot Mine Inc ($170k), Faith in Action Caregivers NW ($170k) and T G Masaryk Free Thinking School Association ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 4.3% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.