PAC 14 Inc

Analysis

PAC 14 Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in February 2010, 16 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 June 2024, PAC 14 Inc reported income of $401k and spending of $370k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $306k to $401k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, PAC 14 Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include American Turkish Association Inc ($401k), Casey Tibbs Foundation ($402k) and Ballet Folklorico de Chicago ($401k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $64k (17% of expenses). Other salaries and wages came to $122k. At year end it held assets of $312k against liabilities of $11k, net assets of $301k. It reported 5 employees.