Texas Wave Volleyball

Analysis

Texas Wave Volleyball is a registered charity in United States, based in Kaufman, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Texas Wave Volleyball reported income of $143k and spending of $129k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $39k to $143k (+265%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Texas Wave Volleyball sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Great Falls Rotary Foundation Inc ($143k), Calaveras Junior Redskins Youth Football and Cheer Program ($143k) and Girls on the Run International ($143k).

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 $43k against liabilities of $0, net assets of $43k.