Maryland Juniors Volleyball Club Inc

Analysis

Maryland Juniors Volleyball Club Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 2007, 19 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 October 2023, Maryland Juniors Volleyball Club Inc reported income of $3.0m and spending of $2.7m, spending 87% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.5m to $3.0m (+110%), an average of +20% a year. The sharpest change came in the year to October 2022, when income rose by 65%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland Juniors Volleyball Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Pride in Athletics for Life Corp ($3.0m), Virginia Beach Events Unlimited Inc ($3.0m) and R O C K Ride on Center for Kids ($3.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $249k (9.4% of expenses). Other salaries and wages came to $202k. It paid $17k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 44 employees.