San Clemente Tritons Water Polo Corporation

Analysis

San Clemente Tritons Water Polo Corporation is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, San Clemente Tritons Water Polo Corporation reported income of $622k and spending of $564k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $468k to $622k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Clemente Tritons Water Polo Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Roy and Elsie Blythe Foundation ($622k), Sacred Mountain Sanctuary LLC ($622k) and New England Womens and Men Athletic Conference ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $240k (42% of expenses). Other salaries and wages came to $39k. At year end it held assets of $179k against liabilities of $40k, net assets of $139k. It reported 12 employees.