Old Dominion Region Volleyball Association Inc

Analysis

Old Dominion Region Volleyball Association Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in July 1989, 37 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 July 2023, Old Dominion Region Volleyball Association Inc reported income of $237k and spending of $216k, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $553k to $237k (-57%), an average of -19% a year. The sharpest change came in the year to July 2021, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Dominion Region Volleyball Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Raymond Coalition for Youth Inc ($237k), Rockingham County Historical Society Museum and Archives ($237k) and Little North Attleboro League Inc ($237k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $214k against liabilities of $4,179, net assets of $210k.