Paa Foundation Inc

Analysis

Paa Foundation Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in August 2008, 18 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 May 2023, Paa Foundation Inc reported income of $346k and spending of $358k, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $139k to $346k (+149%), an average of +26% a year. The sharpest change came in the year to May 2021, when income rose by 418%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paa Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Warm Cookies of the Revolution ($346k), Paul and Mareva Marciano Foundation Inc ($346k) and Jefferson Community Foundation TR Ua 06091999 ($346k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,991 against liabilities of $0, net assets of $2,991.