Angels of Albuquerque Volleyball Club

Analysis

Angels of Albuquerque Volleyball Club is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2015, 11 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 July 2024, Angels of Albuquerque Volleyball Club reported income of $85k and spending of $59k, leaving 31% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income fell from $101k to $85k (-15%), an average of -15% a year. The sharpest change came in the year to July 2024, when income dropped by 15%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Angels of Albuquerque Volleyball Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within NM. Charities of a similar size with the same main cause include Asheville Archery Traning Center ($85k), Mattoon Pride Softball Inc ($85k) and St Josephs Park Pony Baseball ($85k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,200 (3.8% of expenses). At year end it held assets of $53k against liabilities of $0, net assets of $53k.