Chino Hills Area Water Polo

Analysis

Chino Hills Area Water Polo is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in January 2002, 24 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 August 2023, Chino Hills Area Water Polo reported income of $955k and spending of $546k, leaving 43% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $954k to $955k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to August 2022, when income rose by 541%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chino Hills Area Water Polo 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 80th percentile within CA. Charities of a similar size with the same main cause include Turning Point Center of Chittenden County Inc ($955k), Montgomery County Agricultural Society ($956k) and FC Peoria ($955k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $409k against liabilities of $0, net assets of $409k.