Pax Amicus Foundation

Analysis

Pax Amicus Foundation is a registered charity in United States, based in Budd Lake, NJ. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pax Amicus Foundation reported income of $178k and spending of $137k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $178k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pax Amicus Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Bundy Museum of History and Art ($178k), Abounding Grace Radio ($178k) and Sting Girls Diamond Sports Club ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $12k (8.8% of expenses). At year end it held assets of $267k against liabilities of $30k, net assets of $237k. It reported 2 employees.