Pangani Foundation Inc

Analysis

Pangani Foundation Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pangani Foundation Inc reported income of $89k and spending of $88k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $89k (+7.1%), an average of +7.1% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pangani Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Senior Nutrition Council of Jefferson City and Cole County ($89k), The Friends of the Danvers Council on Aging Inc ($89k) and Sun City Roseville Foundation ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $4,308 against liabilities of $0, net assets of $4,308.