South Peninsula Water Polo Foundation

Analysis

South Peninsula Water Polo Foundation is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in January 2003, 23 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 May 2024, South Peninsula Water Polo Foundation reported income of $104k and spending of $119k, spending 114% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $114k to $104k (-8.7%), an average of -8.7% a year. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Peninsula Water Polo Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Blues Gym ($104k), Scott Gomez Foundation ($104k) and Sports Beyond ($104k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.