Pan Eros Foundation
Analysis
Pan Eros Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Pan Eros Foundation reported income of $720k and spending of $714k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $480k to $720k (+50%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 192%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pan Eros Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Laborers Local 157 Training and Education Fund ($720k), Calculus Project Inc ($720k) and Autism Solutions Academy Inc ($720k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $66k (9.3% of expenses). Other salaries and wages came to $92k. At year end it held assets of $210k against liabilities of $173k, net assets of $37k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 52%
- Other 32%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Laborers Local 157 Training and Education Fund | Schenectady | $720k |
| Calculus Project Inc | Braintree | $720k |
| Autism Solutions Academy Inc | West Jordan | $720k |
| National Microschooling Center | Las Vegas | $720k |