Pasadena Bioscience Center Inc

Analysis

Pasadena Bioscience Center Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover science and technology, 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 2023, Pasadena Bioscience Center Inc reported income of $875k and spending of $770k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $865k to $875k (+1.3%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Bioscience Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Charlotte Film Society ($875k), Riverside-Avondale Preservation Inc ($876k) and Bams Fest Inc ($875k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.3m against liabilities of $79k, net assets of $1.2m. It reported 2 employees.