Parkway Lightning Volleyball

Analysis

Parkway Lightning Volleyball is a registered charity in United States, based in Valley Park, MO. It received its IRS tax-exemption ruling in October 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parkway Lightning Volleyball reported income of $136k and spending of $156k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $136k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parkway Lightning Volleyball sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include Deer Park Soccer Club Inc ($136k), Ashville Sports Foundation Inc ($136k) and CHS Baseball Boosters Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.