Saddleback-El Toro Set Water Polo Club

Analysis

Saddleback-El Toro Set Water Polo Club is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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, Saddleback-El Toro Set Water Polo Club reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saddleback-El Toro Set Water Polo 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 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Fanny Allen Hospital Hotel Dieu ($1.2m), Next Step Inc ($1.2m) and Christians for Biblical Equality ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $192k (16% of expenses). Other salaries and wages came to $78k. At year end it held assets of $85k against liabilities of $0, net assets of $85k.