Lamorinda Water Polo Inc

Analysis

Lamorinda Water Polo Inc is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in January 2000, 26 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, Lamorinda Water Polo Inc reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lamorinda Water Polo Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Sheboygan County Fair Association ($2.0m), Louisiana Fire Soccer Club ($2.0m) and Koa Sports League Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $810k. At year end it held assets of $515k against liabilities of $324k, net assets of $191k. It reported 93 employees.