Monument Volleyball Inc

Analysis

Monument Volleyball Inc is a registered charity in United States, based in Newington, VA. It received its IRS tax-exemption ruling in April 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 2023, Monument Volleyball Inc reported income of $268k and spending of $240k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $268k (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monument Volleyball Inc 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 59th percentile within VA. Charities of a similar size with the same main cause include Brock Youth Sports Association Inc ($268k), Herriman Baseball ($268k) and Orion Hunter Fastpitch Club Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.