Tualatin Hills Water Polo Club Inc

Analysis

Tualatin Hills Water Polo Club Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in January 2003, 23 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, Tualatin Hills Water Polo Club Inc reported income of $254k and spending of $375k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $380k to $254k (-33%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tualatin Hills Water Polo Club Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Dublin High School Club Hockey Team ($254k), Sun Country Junior Golf Foundation Inc ($254k) and Little League Baseball Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $36k (9.6% of expenses). Other salaries and wages came to $79k. At year end it held assets of $100k against liabilities of $6,448, net assets of $94k. It reported 8 employees.