Victims of Pan Am Flight 103

Analysis

Victims of Pan Am Flight 103 is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 February 2024, Victims of Pan Am Flight 103 reported income of $57k and spending of $23k, leaving 60% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from $31k to $57k (+81%), an average of +81% a year. The sharpest change came in the year to February 2024, when income rose by 81%. Over the whole period it spent 47% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Victims of Pan Am Flight 103 sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Bring Good News International Inc ($57k), Fund for Sustainable Empowered Development ($57k) and Sidney & Miriam Loewy Friend Foundation ($57k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.