San Diego Shores Water Polo Club

Analysis

San Diego Shores Water Polo Club is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Diego Shores Water Polo Club reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Diego Shores Water Polo Club sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include City Parks Alliance Inc ($1.7m), Section VIII of the New York State Public High SCH Athletic Assn Inc ($1.7m) and Acro-Sports Gymnastics and Sports Acrobatics Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $94k (5.8% of expenses). Other salaries and wages came to $364k. At year end it held assets of $1.0m against liabilities of $970, net assets of $1.0m. It reported 42 employees.