Eldads Water Polo

Analysis

Eldads Water Polo is a registered charity in United States, based in Moraga, CA. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eldads Water Polo reported income of $74k and spending of $84k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $74k (-8.0%), an average of -8.0% a year. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eldads Water Polo sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Friends of Grayton Beach State Park & Deer Lake State Park Inc ($74k), Strikeout Baseball ($74k) and Klamath Sportsmans Park Assoc Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.