South River Volleyball Club

Analysis

South River Volleyball Club is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in June 2014, 12 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, South River Volleyball Club reported income of $324k and spending of $319k, spending 99% of its income. Across the 5 years on record, from October 2019 to August 2023, income grew from $206k to $324k (+57%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 64%. 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, South River Volleyball Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Community Sports Institute ($324k), Tahlequah Sports League ($324k) and Stonewall Sports ($324k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (15% of expenses). At year end it held assets of $96k against liabilities of $0, net assets of $96k.