Venice Volleyball Association Inc

Analysis

Venice Volleyball Association Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Venice Volleyball Association Inc reported income of $125k and spending of $115k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $125k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Venice Volleyball Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Kings River Hardwick Parent Booster Club ($125k), Sonshine Preschool Inc ($125k) and Leadership Washington County ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.