San Jose Almaden Water Polo Association Inc

Analysis

San Jose Almaden Water Polo Association Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 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 December 2022, San Jose Almaden Water Polo Association Inc reported income of $318k and spending of $328k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $144k to $318k (+121%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Jose Almaden Water Polo Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Minnesota Asa ($318k), Global FC ($318k) and Islesboro Community Center ($318k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $177k. At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 8 employees.