Albemarle Regional Volleyball Club

Analysis

Albemarle Regional Volleyball Club is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in September 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, Albemarle Regional Volleyball Club reported income of $125k and spending of $113k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $125k (+3.1%), an average of +3.1% a year. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Albemarle Regional Volleyball Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Mile High Wrestling Club Inc ($125k), Lumberton Youth Baseball Association Inc ($125k) and South Gulf Umpires Association ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.