Moonlight Beach Water Polo Clubs

Analysis

Moonlight Beach Water Polo Clubs is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in September 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 (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, Moonlight Beach Water Polo Clubs reported income of $87k and spending of $88k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $87k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Moonlight Beach Water Polo Clubs sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Pickup the Ball Inc ($87k), Gaylord Soccer League Inc ($87k) and Artesia Little League Baseball Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $51k against liabilities of $3,612, net assets of $47k.