Pickleplex of Punta Gorda Inc

Analysis

Pickleplex of Punta Gorda Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in December 2017, 9 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, Pickleplex of Punta Gorda Inc reported income of $416k and spending of $184k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $487k to $416k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 33% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pickleplex of Punta Gorda Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Greater Beaverton K-12 Swim Club ($416k), West Michigan Hockey Youth Foundation Inc ($416k) and Valley County Pickleball Club ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.4m against liabilities of $394, net assets of $1.4m. It reported 1 employees.