Placer Valley Sports Complex Inc

Analysis

Placer Valley Sports Complex Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Placer Valley Sports Complex Inc reported income of $5.8m and spending of $4.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $29.6m to $5.8m (-80%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 84%. Over the whole period it spent 32% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Placer Valley Sports Complex Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include The United States Olympic and Paralympic Endowment ($5.8m), West End House Inc ($5.8m) and Waco Warriors Sports Foundation ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.8m against liabilities of $550k, net assets of $3.3m. It reported 94 employees.