Next Revolution Volleyball Corp

Analysis

Next Revolution Volleyball Corp is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in November 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Next Revolution Volleyball Corp reported income of $545k and spending of $554k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $292k to $545k (+86%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Next Revolution Volleyball Corp sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Orange County Water Polo Club ($545k), Perryton and Vicinity Activities Center ($545k) and Hanover Aquatics Inc ($544k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.