Puget Sound Region of the United States Volleyball Assoc

Analysis

Puget Sound Region of the United States Volleyball Assoc is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in November 1997, 29 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 August 2023, Puget Sound Region of the United States Volleyball Assoc reported income of $1.0m and spending of $897k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1000k to $1.0m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to August 2023, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Puget Sound Region of the United States Volleyball Assoc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Fishhawk Soccer Club Inc ($1.0m), Double Play Sports Community Center ($1.0m) and Columbia Youth Hockey Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. At year end it held assets of $627k against liabilities of $3,142, net assets of $624k. It reported 3 employees.