Heart of America Region Volleyball Association

Analysis

Heart of America Region Volleyball Association is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in November 1990, 36 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 June 2024, Heart of America Region Volleyball Association reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.9m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heart of America Region Volleyball Association 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 89th percentile within KS. Charities of a similar size with the same main cause include Darien Youth Hockey Assoc Inc ($2.9m), San Juan Soccer Club ($2.9m) and Hanover Improvement Society Corp ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $274k (11% of expenses). Other salaries and wages came to $145k. At year end it held assets of $3.9m against liabilities of $181k, net assets of $3.7m. It reported 6 employees.