Aiken Polo Club Inc

Analysis

Aiken Polo Club Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in October 1984, 42 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, Aiken Polo Club Inc reported income of $533k and spending of $516k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $533k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aiken Polo Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Upper 90 Inc ($532k), Martin County Fair ($533k) and Piedmont Recreational Facilities Organization ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 58% of the total. At year end it held assets of $215k against liabilities of $96k, net assets of $119k.