FC Pittsburgh Soccer Club

Analysis

FC Pittsburgh Soccer Club is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in August 2015, 11 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, FC Pittsburgh Soccer Club reported income of $1.1m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $731k to $1.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FC Pittsburgh Soccer Club 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 79th percentile within PA. Charities of a similar size with the same main cause include Designated Exceptional Services for Independence ($1.1m), D-Up Inc ($1.1m) and Water Buffalo Club Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $272k. At year end it held assets of $109k against liabilities of $426k, net assets of -$317k. It reported 4 employees.