The club was founded in 1914 as Pargas Malms Idrottsförening but changed its name to its current title in 1916.

In 1994 the club played one season in the Ykkönen, the second tier of the Finnish football system.

In addition, PIF has played two seasons at the highest level in Futsal in Finland, PIF is the youth club of Finnish international and former Charlton and Rangers player Jonatan "Tintin" Johansson, who has now returned to Turun Palloseura.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

PIF Men's Team are competing in the Kolmonen administered by the Turku SPL.