Tampa North Volleyball Club

Analysis

Tampa North Volleyball Club is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in November 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, Tampa North Volleyball Club reported income of $552k and spending of $546k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $552k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tampa North Volleyball Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Arizona Boys of Baseball ($552k), South Lyon Junior League Baseball and Softball ($552k) and 24up Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $30k. At year end it held assets of $167k against liabilities of $16k, net assets of $151k. It reported 2 employees.