Bpva Piranhas

Analysis

Bpva Piranhas is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in January 1994, 32 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 August 2023, Bpva Piranhas reported income of $303k and spending of $277k, spending 92% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $248k to $303k (+22%), an average of +6.8% a year. The sharpest change came in the year to August 2022, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bpva Piranhas sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Soaring Society of America Foundation ($303k), York Hockey Club ($303k) and Denville Police Athletic League ($303k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $62k (22% of expenses). Other salaries and wages came to $66k. At year end it held assets of $106k against liabilities of $1,875, net assets of $104k. It reported 56 employees.