Central Coast Polo Club

Analysis

Central Coast Polo Club is a registered charity in United States, based in Los Osos, CA. It received its IRS tax-exemption ruling in October 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Central Coast Polo Club reported income of $487k and spending of $497k, spending 102% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $358k to $487k (+36%), an average of +8.0% a year. The sharpest change came in the year to March 2021, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Coast Polo Club sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Childhood Drowning Prevention Foundation ($487k), Hauppauge Eagles Inc ($487k) and Montana Mountaineering Association ($487k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.0% and program service revenue 85% of the total. Other salaries and wages came to $66k. At year end it held assets of $225k against liabilities of $144k, net assets of $81k.