Panorama Benevolent Fund

Analysis

Panorama Benevolent Fund is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Panorama Benevolent Fund reported income of $1.6m and spending of $724k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Panorama Benevolent Fund sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Head of the Lakes United Way ($1.6m), William H Davis & Dorothy M Davis & William C Davis Foundation ($1.6m) and Partnership for the Future Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $12.2m against liabilities of $2,664, net assets of $12.2m.