Pleasanton Seahawks Inc

Analysis

Pleasanton Seahawks Inc is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in July 1979, 47 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 September 2023, Pleasanton Seahawks Inc reported income of $1.2m and spending of $971k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $937k to $1.2m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2023, when income rose by 39%. 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, Pleasanton Seahawks Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Columbus United Soccer Club ($1.2m), Lake Country Youth Soccer Inc ($1.2m) and Blitz United Soccer Club-Tulsa in ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $279k (29% of expenses). Other salaries and wages came to $348k. At year end it held assets of $452k against liabilities of $183k, net assets of $270k. It reported 12 employees.