Victory Volleyball Club Inc

Analysis

Victory Volleyball Club Inc is a registered charity in United States, based in Sunnyvale, TX. It received its IRS tax-exemption ruling in July 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Victory Volleyball Club Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $633k to $1.3m (+108%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Victory Volleyball Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Kansas City Football and Cheerleading Inc ($1.3m), Dare2tri Paratriathlon Club ($1.3m) and Niagara Frontier Junior Hockey Club Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $344k against liabilities of $12k, net assets of $332k.