Del Mar Water Polo Inc a California Non Profit Corporation

Analysis

Del Mar Water Polo Inc a California Non Profit Corporation is a registered charity in United States, based in Del Mar, CA. It received its IRS tax-exemption ruling in July 2010, 16 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, Del Mar Water Polo Inc a California Non Profit Corporation reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $1.2m (+159%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 72%. 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, Del Mar Water Polo Inc a California Non Profit Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Ward County Golf Association ($1.2m), California Grapettes Girls Softball Inc ($1.2m) and Prairie Cities Soccer League Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $114k (8.7% of expenses). Other salaries and wages came to $366k. At year end it held assets of $181k against liabilities of $2,051, net assets of $179k. It reported 57 employees.