Ping Pong Community

Analysis

Ping Pong Community is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 2021, 5 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, Ping Pong Community reported income of $307k and spending of $232k, leaving 24% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $241k to $307k (+27%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ping Pong Community sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Sheridan Hawks Junior Hockey Club Inc ($307k), St Clair Shores Figure Skating Club Inc ($307k) and Friends of Highland Ball ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.