East Coast Volleyball Club Inc

Analysis

East Coast Volleyball Club Inc is a registered charity in United States, based in Va Beach, VA. It received its IRS tax-exemption ruling in May 2019, 7 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 2021, East Coast Volleyball Club Inc reported income of $145k and spending of $247k, spending 170% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $273k to $145k (-47%), an average of -27% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Coast Volleyball Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Milton Storm Baseball Inc ($145k), Millerstown Recreational Committee ($145k) and Fulton Community Basketball Inc ($145k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $16k (6.5% of expenses). Other salaries and wages came to $43k. At year end it held assets of $11k against liabilities of $28k, net assets of -$16k.