Albuquerque Rebels Volleyball Club

Analysis

Albuquerque Rebels Volleyball Club is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2023, Albuquerque Rebels Volleyball Club reported income of $1.6m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $760k to $1.6m (+111%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 61%. 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, Albuquerque Rebels Volleyball Club sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NM. Charities of a similar size with the same main cause include Family YMCA of Emporia Greensville ($1.6m), Antelope Butte Foundation Inc ($1.6m) and Miami Hype ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $13k (0.9% of expenses). Other salaries and wages came to $22k. At year end it held assets of $310k against liabilities of $148k, net assets of $162k. It reported 3 employees.