Pysl Inc

Analysis

Pysl Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Pysl Inc reported income of $657k and spending of $627k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $392k to $657k (+67%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pysl Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Skiku Inc ($657k), Palm Beach County Fishing Foundation Inc ($657k) and Lou Gehrig Youth Baseball Softball Inc ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $73k (12% of expenses). Other salaries and wages came to $31k. At year end it held assets of $245k against liabilities of $0, net assets of $245k. It reported 2 employees.