Pompano Piranhas Inc

Analysis

Pompano Piranhas Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in February 2011, 15 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, Pompano Piranhas Inc reported income of $399k and spending of $388k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $399k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pompano Piranhas Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Oak Ridge Youth Association ($399k), Drive Nation Foundation ($400k) and Reclaiming Our Children & Community Project Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.