Barracuda Volleyball Club Inc

Analysis

Barracuda Volleyball Club Inc is a registered charity in United States, based in Newport, NC. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Barracuda Volleyball Club Inc reported income of $105k and spending of $95k, spending 91% of its income. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Barracuda Volleyball Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Ben Hair Just Swim for Life Foundation ($105k), Dixon Youth Football Inc ($105k) and Wildcat Baseball Booster Club ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.