Premier Volleyball

Analysis

Premier Volleyball is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2022, Premier Volleyball reported income of $1.1m and spending of $1.2m, spending 103% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $950k to $1.1m (+21%), an average of +6.5% a year. The sharpest change came in the year to August 2021, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Premier Volleyball sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within NE. Charities of a similar size with the same main cause include Institute for Human Services Inc ($1.1m), Women in Transition Inc ($1.1m) and Mowa Band of Choctaw Indian Commission ($1.1m).

On its Form 990 for the period ending August 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3,000 (0.3% of expenses). Other salaries and wages came to $25k. At year end it held assets of $260k against liabilities of $157k, net assets of $103k. It reported 2 employees.