American International Polo Foundation Inc

Analysis

American International Polo Foundation Inc is a registered charity in United States, based in Wellington, FL. It received its IRS tax-exemption ruling in January 2001, 25 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, American International Polo Foundation Inc reported income of $220k and spending of $223k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,195 to $220k (+4137%), an average of +4137% a year. The sharpest change came in the year to December 2023, when income rose by 4137%. 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, American International Polo Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Fourth of July Town Celebration Committee Inc ($220k), John L Starks Foundation Inc ($220k) and Hoover Athletic Association ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $2,535 (1.1% of expenses). At year end it held assets of $47k against liabilities of $0, net assets of $47k.