Pac-12 Conference

Analysis

Pac-12 Conference is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in July 1959, 67 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 June 2023, Pac-12 Conference reported income of $603.9m and spending of $543.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $530.4m to $603.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pac-12 Conference sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Elderhostel Inc ($383.7m), Atlantic Coast Conference ($706.6m) and United States Olympic & Paralympic Committee ($242.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $6.5m (1.2% of expenses). Other salaries and wages came to $26.1m. At year end it held assets of $158.1m against liabilities of $55.4m, net assets of $102.7m. It reported 232 employees.