Gator Water Polo Inc

Analysis

Gator Water Polo Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in May 2015, 11 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, Gator Water Polo Inc reported income of $337k and spending of $282k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $337k (+31%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gator Water Polo Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($337k), Tehachapi Mountain Rodeo Association ($337k) and Nichols Hills Parks Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. At year end it held assets of $167k against liabilities of $3,653, net assets of $164k.