Apex NW Volleyball Club

Analysis

Apex NW Volleyball Club is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in June 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, Apex NW Volleyball Club reported income of $375k and spending of $369k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $233k to $375k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Apex NW Volleyball Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Clear Fork Athletic Boosters ($375k), Chief Logan Recreational Center Inc ($375k) and Syosset Baseball Association Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $78k (21% of expenses). Other salaries and wages came to $96k. At year end it held assets of $81k against liabilities of $3,128, net assets of $78k. It reported 37 employees.