Water Buffalo Club Inc

Analysis

Water Buffalo Club Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1990, 36 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, Water Buffalo Club Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $1.1m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Water Buffalo Club Inc sits at the 93rd percentile: it is larger than about 93% 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 Tyler Achievement Center for Kids ($1.1m), Designated Exceptional Services for Independence ($1.1m) and Newport Beach Water Polo Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $108k (9.5% of expenses). At year end it held assets of $529k against liabilities of $31k, net assets of $498k. It reported 1 employees.