Spike Frog Volleyball

Analysis

Spike Frog Volleyball is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Spike Frog Volleyball reported income of $217k and spending of $181k, spending 83% of its income. Across the 4 years on record, from December 2017 to December 2021, income fell from $235k to $217k (-7.9%), an average of -2.7% a year. The sharpest change came in the year to December 2019, when income rose by 31%. 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, Spike Frog Volleyball sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Belmont Aquatic Team Inc ($217k), Friends of Sequoia Therapeutic Recreation ($217k) and Metropolitan D C Virginia Soccer Association Inc ($217k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $50k (28% of expenses). Other salaries and wages came to $32k. At year end it held assets of $31k against liabilities of $25k, net assets of $6,262. It reported 19 employees.