Supreme Water Polo Club

Analysis

Supreme Water Polo Club is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Supreme Water Polo Club reported income of $266k and spending of $265k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $266k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. 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, Supreme Water Polo Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Lake Side Elite ($266k), Fibark Community Paddling Center ($266k) and Rockford BMX Club Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $130k (49% of expenses). At year end it held assets of $4,946 against liabilities of $0, net assets of $4,946.