Virginia Polo Team Inc

Analysis

Virginia Polo Team Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Polo Team Inc reported income of $112k and spending of $109k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $112k (+5.8%), an average of +5.8% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Polo Team Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include West College Hill Neighborhood Services Inc ($112k), Arose Foundation ($112k) and Oklahoma Engineering Foundation Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 37% of the total. At year end it held assets of $466 against liabilities of $0, net assets of $466.