Ignite Volleyball Club and Foundation Inc

Analysis

Ignite Volleyball Club and Foundation Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Ignite Volleyball Club and Foundation Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $584k to $1.5m (+157%), an average of +37% a year. The sharpest change came in the year to July 2022, when income rose by 73%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ignite Volleyball Club and Foundation 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 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Simsbury Volunteer Ambulance Association Inc ($1.5m), Pro Bono Project Silicon Valley ($1.5m) and Fast Friends ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $163k (12% of expenses). At year end it held assets of $914k against liabilities of $266k, net assets of $648k. It reported 2 employees.