Poway Valley Water Polo Club

Analysis

Poway Valley Water Polo Club is a registered charity in United States, based in Poway, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 November 2023, Poway Valley Water Polo Club reported income of $257k and spending of $288k, spending 112% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income grew from $240k to $257k (+6.8%), an average of +6.8% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poway Valley Water Polo Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include St Charles Rotary Club Scholarship Foundation ($257k), Florida Farm Bureau Womens Fund Inc ($257k) and Little League Baseball Inc ($257k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (6.5% of expenses). At year end it held assets of $44k against liabilities of $0, net assets of $44k.