Xtreme Volleyball Academy Inc

Analysis

Xtreme Volleyball Academy Inc is a registered charity in United States, based in Landenberg, PA. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Xtreme Volleyball Academy Inc reported income of $645k and spending of $634k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $645k (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 28%. 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, Xtreme Volleyball Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Indiana Hunter Education Association Inc ($645k), Brandon Valley Ice and In-Line Hockey Association-Bvha ($645k) and Grand Rapids Amateur Hockey Associa ($645k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $118k (19% of expenses). Other salaries and wages came to $113k. At year end it held assets of $214k against liabilities of $1,738, net assets of $212k. It reported 31 employees.