Odin Waterpolo Club

Analysis

Odin Waterpolo Club is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in December 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, Odin Waterpolo Club reported income of $343k and spending of $442k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $19k to $343k (+1682%), an average of +106% a year. The sharpest change came in the year to December 2020, when income rose by 289%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Odin Waterpolo Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Rabun County Athletic Booster Club Inc ($342k), Alaska USA Wrestling Inc ($343k) and Northville Youth Footballassociation Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $116k. At year end it held assets of -$100k against liabilities of -$18k, net assets of -$82k.