Cannon Falls Volleyball Inc

Analysis

Cannon Falls Volleyball Inc is a registered charity in United States, based in Stanton, MN. It received its IRS tax-exemption ruling in May 2023, 3 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, Cannon Falls Volleyball Inc reported income of $73k and spending of $65k, spending 90% of its income. Across the 3 years on record, from July 2022 to December 2023, income grew from $60k to $73k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cannon Falls Volleyball Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Buena Regional Education Foundation Inc ($73k), Mainland Regional Football Boosters Association ($73k) and Virginia Beach Volleyball Charities ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 37% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.