BGC Philly Pacesetters Inc

Analysis

BGC Philly Pacesetters Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, BGC Philly Pacesetters Inc reported income of $436k and spending of $514k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2,188 to $436k (+19813%), an average of +484% a year. The sharpest change came in the year to June 2022, when income dropped by 9178%. Over the whole period it spent 397% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, BGC Philly Pacesetters Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Arrowhead Youth Soccer Association ($436k), Sonoma County Premier Soccer ($436k) and Terra Birds ($435k).

At year end it held assets of $12.3m against liabilities of $12.8m, net assets of -$512k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.