Olympia Reign Volleyball Club

Analysis

Olympia Reign Volleyball Club is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in September 2017, 9 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, Olympia Reign Volleyball Club reported income of $274k and spending of $222k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $261k to $274k (+4.9%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Olympia Reign Volleyball Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($274k), Lmyf Inc ($274k) and Big North Athletic Conference ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.