Pickleball University Inc

Analysis

Pickleball University Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 2024, 2 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, Pickleball University Inc reported income of $296k and spending of $131k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $218k to $296k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pickleball University Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Harwinition Agriculturl Society ($296k), Peninsula Youth Softball Association ($296k) and Montvale Athletic League Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 90% of the total. Other salaries and wages came to $64k. At year end it held assets of $529k against liabilities of $3,220, net assets of $526k. It reported 12 employees.