Relentless Volleyball Club Inc

Analysis

Relentless Volleyball Club Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 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 June 2023, Relentless Volleyball Club Inc reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $680k to $1.4m (+107%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Relentless Volleyball Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Camp Aldersgate Inc ($1.4m), Pacesetter Soccer Club ($1.4m) and Eastern Hockey Federation Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $183k (12% of expenses). Other salaries and wages came to $5,641. At year end it held assets of $243k against liabilities of $675k, net assets of -$432k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.