Pacific Northwest Soccer Club

Analysis

Pacific Northwest Soccer Club is a registered charity in United States, based in Renton, 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Pacific Northwest Soccer Club reported income of $4.3m and spending of $3.8m, spending 88% of its income. Across the 6 years on record, from December 2018 to April 2023, income grew from $4.0m to $4.3m (+8.0%), an average of +1.5% a year. The sharpest change came in the year to April 2020, when income rose by 397%. 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, Pacific Northwest Soccer Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Crossroads for Kids Inc ($4.3m), Wood River Community Young Mens Christian Association Inc ($4.3m) and Bike New York Inc ($4.3m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $495k (13% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.7m against liabilities of $418k, net assets of $2.3m. It reported 95 employees.