Pacific Premier FC

Analysis

Pacific Premier FC is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in December 2008, 18 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 March 2024, Pacific Premier FC reported income of $3.0m and spending of $2.7m, spending 91% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.2m to $3.0m (+35%), an average of +6.1% a year. The sharpest change came in the year to March 2024, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pacific Premier FC sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Community Outreach Advocates Incorporated ($3.0m), Old Greenwich-Riverside Community Center Inc ($3.0m) and Michigan Wolves-Hawks Soccer Club ($3.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.2m against liabilities of $199k, net assets of $997k. It reported 71 employees.