Pipeline Soccer Charitable Foundation Inc

Analysis

Pipeline Soccer Charitable Foundation Inc is a registered charity in United States, based in Baldwin, MD. It received its IRS tax-exemption ruling in May 2012, 14 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 May 2024, Pipeline Soccer Charitable Foundation Inc reported income of $3.2m and spending of $3.5m, spending 109% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.7m to $3.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to May 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pipeline Soccer Charitable Foundation Inc 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 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Wisconsin Juniors Volleyball Club Inc ($3.2m), Horizons Inc ($3.2m) and Cincinnati Parks Foundation ($3.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.7m (50% of expenses). At year end it held assets of $1,263 against liabilities of $0, net assets of $1,263. It reported 74 employees.