Coast Volleyball Academy Inc

Analysis

Coast Volleyball Academy Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in July 2015, 11 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, Coast Volleyball Academy Inc reported income of $304k and spending of $324k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $443k to $304k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coast Volleyball Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Marin Bocce Federation ($304k), Austin Fencers Club Inc ($304k) and Austin High School Boys Lacrosse ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $30k (9.1% of expenses). At year end it held assets of $109k against liabilities of $1,320, net assets of $108k.