Obx Wave Girls Volleyball Club

Analysis

Obx Wave Girls Volleyball Club is a registered charity in United States, based in Kill Devil HL, NC. It received its IRS tax-exemption ruling in January 2018, 8 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 July 2024, Obx Wave Girls Volleyball Club reported income of $109k and spending of $112k, spending 103% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $87k to $109k (+25%), an average of +26% a year. The sharpest change came in the year to July 2024, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Obx Wave Girls Volleyball Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include City of Lakes Youth Hockey Assn ($109k), Glacier Aquatic Club ($109k) and Oceanside Youth Hockey Club Inc ($109k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 11% and program service revenue 74% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.