LA Jolla Volleyball Inc

Analysis

LA Jolla Volleyball Inc is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in January 2017, 9 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 September 2023, LA Jolla Volleyball Inc reported income of $397k and spending of $374k, spending 94% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $391k to $397k (+1.6%), an average of +0.5% a year. The sharpest change came in the year to September 2022, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Jolla Volleyball Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include City Island Rowing ($397k), Sokol Greater Cleveland Gymnastic & Educational Organization ($397k) and Woodside Vaulters Inc ($397k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $35k (9.4% of expenses). Other salaries and wages came to $101k. At year end it held assets of $82k against liabilities of $24k, net assets of $58k. It reported 13 employees.