Lone Star Region Volleyball Association Inc

Analysis

Lone Star Region Volleyball Association Inc is a registered charity in United States, based in Schertz, TX. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lone Star Region Volleyball Association Inc reported income of $751k and spending of $834k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $751k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lone Star Region Volleyball Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Kensington Community Council ($751k), Fairfield Industries Inc ($751k) and Astral Artists Inc Astral Artists Inc ($751k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $183k (22% of expenses). At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.