Northwest Water Polo Club

Analysis

Northwest Water Polo Club is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in March 2020, 6 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, Northwest Water Polo Club reported income of $448k and spending of $493k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $448k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Water Polo Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Spokane Waves Aquatic Association ($447k), Disabled Sports USA ($448k) and Metroplex Christian Hockeyassociation ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Other salaries and wages came to $180k. At year end it held assets of $76k against liabilities of $693, net assets of $76k. It reported 13 employees.