Liberty Elite Volleyball Club

Analysis

Liberty Elite Volleyball Club is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in June 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, Liberty Elite Volleyball Club reported income of $329k and spending of $299k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $243k to $329k (+35%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Liberty Elite Volleyball Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Novi Youth Hockey Association Inc ($328k), Weston Explosion ($329k) and Torch Sports Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $21k (7.0% of expenses). At year end it held assets of $225k against liabilities of $0, net assets of $225k.