Kaizen Volleyball Development Club

Analysis

Kaizen Volleyball Development Club is a registered charity in United States, based in Oklahoma City, OK. 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, Kaizen Volleyball Development Club reported income of $719k and spending of $567k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $330k to $719k (+118%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kaizen Volleyball Development Club sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OK. Charities of a similar size with the same main cause include Friends of Grand Rapids Parks ($719k), FC Charleston ($720k) and Trinity County Fair Association Inc ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $25k (4.4% of expenses). At year end it held assets of $461k against liabilities of $0, net assets of $461k.