Ohana Water Polo Academy

Analysis

Ohana Water Polo Academy is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in February 2019, 7 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, Ohana Water Polo Academy reported income of $108k and spending of $139k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $108k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. 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, Ohana Water Polo Academy sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Bauxite Minor Athletic Foundation ($108k), Friends of Bainbridge Island High School Sailing ($108k) and Bikes on the Bricks ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 39% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.