Surfside Volleyball Club Inc

Analysis

Surfside Volleyball Club Inc is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Surfside Volleyball Club Inc reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.9m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Surfside Volleyball Club Inc 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 CA. Charities of a similar size with the same main cause include Camp Sunshine at Sebago Lake Inc ($2.9m), Alamo Volleyball Association ($2.9m) and TNT Kids Fitness ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $405k (15% of expenses). Other salaries and wages came to $927k. At year end it held assets of $3.6m against liabilities of $1.7m, net assets of $1.9m. It reported 80 employees.