Pacesetter Soccer Club

Analysis

Pacesetter Soccer Club is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2024, Pacesetter Soccer Club reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.4m (-12%), an average of -2.5% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pacesetter Soccer Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Relentless Volleyball Club Inc ($1.4m), Alabama Golf Association Inc ($1.4m) and Camp Aldersgate Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. At year end it held assets of $1.1m against liabilities of $54k, net assets of $997k. It reported 8 employees.