Arsenal Volleyball Academy Inc

Analysis

Arsenal Volleyball Academy Inc is a registered charity in United States, based in Fairfield TWP, OH. It received its IRS tax-exemption ruling in August 2022, 4 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 September 2023, Arsenal Volleyball Academy Inc reported income of $464k and spending of $461k, spending 99% of its income. Across the 5 years on record, from September 2018 to September 2023, income grew from $234k to $464k (+98%), an average of +19% a year. The sharpest change came in the year to September 2022, when income rose by 71%. 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, Arsenal Volleyball Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Northeast Oklahoma Futball Club ($464k), Hopkins County Fair Incorporated ($464k) and Sports Quest Inc ($464k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $30k (6.5% of expenses). Other salaries and wages came to $69k. At year end it held assets of $9,035 against liabilities of $0, net assets of $9,035.