North Texas Mavericks Water Polo Club

Analysis

North Texas Mavericks Water Polo Club is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in April 2021, 5 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 August 2024, North Texas Mavericks Water Polo Club reported income of $199k and spending of $169k, spending 85% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $198k to $199k (+0.3%), an average of +0.3% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Texas Mavericks Water Polo Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Smithfield Recreation Association Inc ($199k), Adf Portland ($199k) and Ogden Nordic Inc ($199k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 3.2% and program service revenue 19% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.