Riverside Aquatics Water Polo

Analysis

Riverside Aquatics Water Polo is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Riverside Aquatics Water Polo reported income of $186k and spending of $176k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $123k to $186k (+51%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 21%. 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, Riverside Aquatics Water Polo sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Mt Snow Ski Club ($186k), Little League Baseball Inc ($186k) and Greater Grand Rapids Figure Skating Club ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $9,833 against liabilities of $0, net assets of $9,833.