Slo Water Polo Club

Analysis

Slo Water Polo Club is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in October 2022, 4 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 2022, Slo Water Polo Club reported income of $178k and spending of $118k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $30k to $178k (+484%), an average of +484% a year. The sharpest change came in the year to December 2022, when income rose by 484%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Slo Water Polo Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Leo-Grabill Sports Complex Inc ($178k), Emergency Food Box Inc ($178k) and Suwannee Valley Leagues Inc ($178k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.