Capital Water Polo Inc

Analysis

Capital Water Polo Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in February 2013, 13 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 July 2024, Capital Water Polo Inc reported income of $303k and spending of $300k, spending 99% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $205k to $303k (+48%), an average of +8.1% a year. The sharpest change came in the year to July 2020, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capital Water Polo Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Jr Avalanche Amateur Hockey Association ($303k), Time to Shine United Inc a Non Profit Corporation ($303k) and Kentucky Baseball Club Inc ($303k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $85k (28% of expenses). At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 7 employees.