Stonebridge Volleyball Club Inc

Analysis

Stonebridge Volleyball Club Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in September 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, Stonebridge Volleyball Club Inc reported income of $117k and spending of $121k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $117k (-0.6%), an average of -0.6% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stonebridge Volleyball Club Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Hollister Heat Youth Softball ($117k), Bill Batts Rialto Girls Softball ($117k) and Wealthwood Rod and Gun Club ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.