Santa Barbara Volleyball Club

Analysis

Santa Barbara Volleyball Club is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 July 2023, Santa Barbara Volleyball Club reported income of $748k and spending of $862k, spending 115% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $614k to $748k (+22%), an average of +5.1% a year. The sharpest change came in the year to July 2022, when income rose by 224%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Barbara Volleyball Club 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 77th percentile within CA. Charities of a similar size with the same main cause include 4 Eagle Foundation ($747k), Minnesota Blades Inc ($748k) and Lake Minnetonka Sailing School Inc ($747k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $66k (7.6% of expenses). Other salaries and wages came to $293k. At year end it held assets of $146k against liabilities of $250, net assets of $145k. It reported 35 employees.