Volley4life

Analysis

Volley4life is a registered charity in United States, based in Louisville, TN. It received its IRS tax-exemption ruling in July 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 December 2023, Volley4life reported income of $52k and spending of $64k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $52k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Volley4life sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Grizzlies Select Basketball Association ($52k), NVG Boosters ($52k) and Boca Raton Police Athletic League Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.