San Jose Water Polo Foundation Inc

Analysis

San Jose Water Polo Foundation Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 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 2023, San Jose Water Polo Foundation Inc reported income of $326k and spending of $322k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $326k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Jose Water Polo Foundation 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 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Bike Instructor Certification Program ($326k), Nenoa Inc ($326k) and Encino Franklin Fields Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.