Lvvaa Inc

Analysis

Lvvaa Inc is a registered charity in United States, based in Purcellville, VA. It received its IRS tax-exemption ruling in June 1998, 28 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 December 2023, Lvvaa Inc reported income of $133k and spending of $116k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $133k (+6.9%), an average of +6.9% a year. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lvvaa 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 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Star Camp ($133k), Della Penna Motorsports Next Gen Foundation ($133k) and Penn State Lady Lion Volleyball Club Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.