Island Thunder Volleyball Club

Analysis

Island Thunder Volleyball Club is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in February 2010, 16 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 August 2023, Island Thunder Volleyball Club reported income of $344k and spending of $302k, spending 88% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $252k to $344k (+36%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Island Thunder Volleyball Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Red Bank Outdoor Academy ($344k), Girls on the Run of the North State ($344k) and Niwot Youth Sports Inc ($344k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.