Orlando Thunder Water Polo Inc

Analysis

Orlando Thunder Water Polo Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 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, Orlando Thunder Water Polo Inc reported income of $213k and spending of $221k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $203k to $213k (+4.6%), an average of +4.6% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Orlando Thunder Water Polo Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Groton Regional Youth Hockey Association Inc ($213k), White Rock Lake Foundation ($213k) and Honeoye Falls-Mendon Youth Baseball League Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.