Frisco Flyers Volleyball Club Inc

Analysis

Frisco Flyers Volleyball Club Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in April 2020, 6 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, Frisco Flyers Volleyball Club Inc reported income of $3.7m and spending of $4.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frisco Flyers Volleyball Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Riverfront Recapture Inc ($3.7m), El Paso Pride Soccer Association ($3.7m) and Independence Bowl Foundation ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $947k, net assets of $252k.