Premier Water Polo Club

Analysis

Premier Water Polo Club is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in November 2012, 14 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, Premier Water Polo Club reported income of $590k and spending of $429k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $504k to $590k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 151%. 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, Premier Water Polo Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Elizabethtown Youth Soccer Association Inc ($590k), New Renaissance Basketball Association Inc ($591k) and Seas Foundation Ltd ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k. It reported 27 employees.