Southside Water Polo Club

Analysis

Southside Water Polo Club is a registered charity in United States, based in Rosharon, TX. It received its IRS tax-exemption ruling in August 2017, 9 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, Southside Water Polo Club reported income of $275k and spending of $285k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $199k to $275k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southside Water Polo Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Texas Youth Bull Riders Inc ($275k), Greater Nashville Area Scholastic Hockey ($275k) and USA Golf Federation Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $121k. At year end it held assets of $73k against liabilities of $4,764, net assets of $69k. It reported 28 employees.