PSL Hurricanes FC Inc

Analysis

PSL Hurricanes FC Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in May 2022, 4 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, PSL Hurricanes FC Inc reported income of $372k and spending of $261k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $332k to $372k (+12%), an average of +12% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, PSL Hurricanes FC Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Nevada Sports Academy Stars Inc ($372k), Bonita Valley Girls Amateur Softball Association ($372k) and Memphis Youth Athletics ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.