North Irvine Water Polo Club

Analysis

North Irvine Water Polo Club is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in April 2006, 20 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, North Irvine Water Polo Club reported income of $564k and spending of $562k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $564k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Irvine Water Polo Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Houston Youth Lacrosse ($564k), Miami Rowing & Watersports Center ($564k) and Kalida Park Foundation ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $247k (44% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.