Tidewater Volleyball Association

Analysis

Tidewater Volleyball Association is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Tidewater Volleyball Association reported income of $2.1m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $941k to $2.1m (+127%), an average of +23% a year. The sharpest change came in the year to September 2021, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tidewater Volleyball Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Alabama Council of Emergency Medical Services Inc ($2.1m), Idaho Coalition Against Sexual and Domestic Violence Inc ($2.1m) and Willing Workers Incorporated ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.5% and program service revenue 90% of the total. At year end it held assets of $502k against liabilities of $72k, net assets of $430k. It reported 16 employees.