Imperial Water Polo Club

Analysis

Imperial Water Polo Club is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in March 2018, 8 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, Imperial Water Polo Club reported income of $164k and spending of $146k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $164k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Imperial Water Polo Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Oak Grove Athletic Booster Club Inc ($164k), First Tee of Troup County Georgia Inc ($164k) and Rancho Bernardo Girls Softball ($164k).

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 $63k against liabilities of $0, net assets of $63k.