Front Range Volleyball Club Inc

Analysis

Front Range Volleyball Club Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 1986, 40 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 June 2023, Front Range Volleyball Club Inc reported income of $1.2m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $762k to $1.2m (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Front Range Volleyball Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Ada Christian School Education Foundation ($1.2m), R M Pyles Boys Camp ($1.2m) and Countryside Hospice Support and Memory Center Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Other salaries and wages came to $160k. At year end it held assets of $69k against liabilities of $86k, net assets of -$17k. It reported 35 employees.