Volleyfx Volleyball Club Inc

Analysis

Volleyfx Volleyball Club Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 2007, 19 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 August 2023, Volleyfx Volleyball Club Inc reported income of $753k and spending of $765k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $633k to $753k (+19%), an average of +4.4% a year. The sharpest change came in the year to August 2022, when income rose by 74%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Volleyfx Volleyball Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Dream Big Inc ($753k), South Mississippi Soccer Club Inc ($753k) and Volleyball Pensacola Juniors Inc ($753k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $99k (13% of expenses). Other salaries and wages came to $111k. At year end it held assets of $156k against liabilities of $0, net assets of $156k. It reported 3 employees.