Nick Pasquale Foundation

Analysis

Nick Pasquale Foundation is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Nick Pasquale Foundation reported income of $102k and spending of $106k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $98k to $102k (+3.8%), an average of +3.8% a year. 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, Nick Pasquale Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Superior Curling Club Incorporated ($102k), Columbia Lacrosse Club Inc ($102k) and Ultimate Derby Radness ($102k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.