Psva Volleyball Academy Inc

Analysis

Psva Volleyball Academy Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, Psva Volleyball Academy Inc reported income of $432k and spending of $348k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $457k to $432k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 227%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Psva Volleyball Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Warwick Figure Skaters Inc ($432k), Treasure Coast Rowing Club Inc ($432k) and Yale Polo and Equestrian Center Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (9.2% of expenses). At year end it held assets of $80k against liabilities of $24k, net assets of $56k. It reported 2 employees.