Polo Training Center Santa Barbara

Analysis

Polo Training Center Santa Barbara is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in June 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, Polo Training Center Santa Barbara reported income of $87k and spending of $84k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $87k (+5.9%), an average of +5.9% a year. 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, Polo Training Center Santa Barbara sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($87k), Leander Spartans Track Club ($87k) and Cheshire Junior Football Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.