Iowa Volleyball Association

Analysis

Iowa Volleyball Association is a registered charity in United States, based in Clive, IA. It received its IRS tax-exemption ruling in March 1984, 42 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 2024, Iowa Volleyball Association reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.1m to $1.2m (+11%), an average of +2.1% a year. The sharpest change came in the year to August 2020, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Volleyball Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Colab Foundation Inc ($1.2m), Webster Soccer Association Inc ($1.2m) and Pipefitters Education Fund Local Union 274 ($1.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $66k (6.3% of expenses). Other salaries and wages came to $177k. At year end it held assets of $752k against liabilities of $30k, net assets of $721k. It reported 5 employees.