Santa Cruz Water Polo Club

Analysis

Santa Cruz Water Polo Club is a registered charity in United States, based in Capitola, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 2022, Santa Cruz Water Polo Club reported income of $424k and spending of $417k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $290k to $424k (+46%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Cruz Water Polo Club sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Hills Angels Gymnastic Team Incorporated ($424k), Orange Baseball Association Inc ($424k) and Arlington Sports Inc ($424k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $101k (24% of expenses). Other salaries and wages came to $103k. At year end it held assets of $118k against liabilities of $27k, net assets of $91k. It reported 26 employees.