Pafacom Inc

Analysis

Pafacom Inc is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Pafacom Inc reported income of $5.7m and spending of $3.9m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $8.2m to $5.7m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pafacom Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Boston Rescue Mission Inc ($5.7m), Homeward Pikes Peak ($5.7m) and Central Iowa Shelter & Services ($5.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $274k (7.0% of expenses). At year end it held assets of $18.5m against liabilities of $2.0m, net assets of $16.5m. It reported 85 employees.