Falcon Volleyball Club

Analysis

Falcon Volleyball Club is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in May 2023, 3 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, Falcon Volleyball Club reported income of $213k and spending of $205k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $213k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 255%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Falcon Volleyball Club 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 52nd percentile within WA. Charities of a similar size with the same main cause include HBSML Charitable Foundation ($213k), Capital City Youth Hockey ($213k) and Waukee Athletic Club Inc ($213k).

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 $6,000 (2.9% of expenses). At year end it held assets of $88k against liabilities of $0, net assets of $88k.