Peninsula Youth Soccer Club

Analysis

Peninsula Youth Soccer Club is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in September 2016, 10 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 2023, Peninsula Youth Soccer Club reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $989k to $1.5m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 226%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peninsula Youth Soccer Club sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Francisco Park Conservancy ($1.5m), Our Streets ($1.5m) and Jamestown Parks and Recreation Foundation Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $855k. At year end it held assets of $557k against liabilities of $0, net assets of $557k. It reported 24 employees.