MPWPC Menlo Park Water Polo Club Inc

Analysis

MPWPC Menlo Park Water Polo Club Inc is a registered charity in United States, based in Menlo Park, 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, MPWPC Menlo Park Water Polo Club Inc reported income of $147k and spending of $145k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $23k to $147k (+534%), an average of +85% a year. The sharpest change came in the year to December 2021, when income rose by 626%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MPWPC Menlo Park Water Polo Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Amazing Grace Park Clementa Pinckney Memorial Foundation Inc ($147k), Charlotte Adult Baseball League Inc ($147k) and Sabre Youth Football ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (25% of expenses). Other salaries and wages came to $57k. At year end it held assets of $238k against liabilities of $0, net assets of $238k.