Twin Cities Elite Volleyball

Analysis

Twin Cities Elite Volleyball is a registered charity in United States, based in Oakdale, MN. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Twin Cities Elite Volleyball reported income of $89k and spending of $84k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $87k to $89k (+2.9%), an average of +2.9% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Twin Cities Elite Volleyball sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Norrisville Recreation Council Inc ($89k), Vvoetbal Soccer Club ($89k) and Little League Baseball Inc ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 80% of the total. At year end it held assets of $44k against liabilities of $4,276, net assets of $40k.