South Valley Water Polo Club

Analysis

South Valley Water Polo Club is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in February 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, South Valley Water Polo Club reported income of $114k and spending of $117k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $114k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Valley Water Polo Club sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Metropolitan Golf Writers Association ($114k), University High School Football Booster Club ($114k) and Dickinson Mustang Baseball Babe Ruth League ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,305 against liabilities of $0, net assets of $7,305.