Polo for Life Inc

Analysis

Polo for Life Inc is a registered charity in United States, based in Wellington, FL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Polo for Life Inc reported income of $755k and spending of $634k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $755k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Polo for Life Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Hannahs Haven Inc ($755k), Jordan Thomas Foundation Inc ($756k) and Saint Elizabeth Foundation ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. At year end it held assets of $516k against liabilities of $0, net assets of $516k.