Collegiate Water Polo Association

Analysis

Collegiate Water Polo Association is a registered charity in United States, based in Bridgeport, PA. It received its IRS tax-exemption ruling in September 1992, 34 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 July 2023, Collegiate Water Polo Association reported income of $962k and spending of $695k, leaving 28% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $955k to $962k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to July 2022, when income rose by 331%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Collegiate Water Polo Association 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 77th percentile within PA. Charities of a similar size with the same main cause include Los Gatos Rowing Club Inc ($961k), TFTSP Youth Golf Council St Petersburg Florida Inc ($963k) and Water Sports Foundation Inc ($961k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $91k (13% of expenses). It paid $288 in professional fundraising fees. At year end it held assets of $441k against liabilities of $503, net assets of $441k. It reported 3 employees.