East Coast Volleyball Academy

Analysis

East Coast Volleyball Academy is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in January 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 December 2023, East Coast Volleyball Academy reported income of $1.1m and spending of $922k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $1.1m (+182%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Coast Volleyball Academy sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Union County Elite FC Inc ($1.1m), Trailnet Inc ($1.1m) and Pennsylvania RTC ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $100k (11% of expenses). At year end it held assets of $666k against liabilities of $506k, net assets of $161k. It reported 1 employees.