Will Rogers Polo Club Inc

Analysis

Will Rogers Polo Club Inc is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 2022, Will Rogers Polo Club Inc reported income of $92k and spending of $160k, spending 174% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $201k to $92k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Will Rogers Polo Club Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Malabar Farm Foundation ($92k), United States Bowling Congress Inc ($92k) and Southern California Rodeo Boosters Foundation ($92k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.