PSV Union FC

Analysis

PSV Union FC is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 2009, 17 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, PSV Union FC reported income of $274k and spending of $275k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $461k to $274k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, PSV Union FC sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($274k), Almaden Little League ($274k) and Siskiyou Outdoor Recreation Alliance ($274k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.