Pelada Football Academy

Analysis

Pelada Football Academy is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 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 2023, Pelada Football Academy reported income of $348k and spending of $394k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $348k (+39%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pelada Football Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Playgroundnyc Inc ($348k), Jacobs Chance Inc ($348k) and Nashville Rowing Club ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $178k. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 28 employees.