Waco Juniors Volleyball Club Inc

Analysis

Waco Juniors Volleyball Club Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 2004, 22 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, Waco Juniors Volleyball Club Inc reported income of $507k and spending of $551k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $507k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waco Juniors Volleyball Club Inc 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 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Montgomery Travelers Soccer Club Inc ($506k), Pride Water Polo Academy ($507k) and Cascade Collegiate Conference ($506k).

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 $16k (3.0% of expenses). Other salaries and wages came to $135k. At year end it held assets of $302k against liabilities of -$3,207, net assets of $306k.