Pax Inc
Analysis
Pax Inc is a registered charity in United States, based in Bridgewater, NH. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pax Inc reported income of $174k and spending of $127k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $174k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 75% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Pax Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Randallstown Islamic Center Dawah Society ($174k), Exchange Ministries ($174k) and Asian Crescent Partners ($174k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 66% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 66%
- Other 6.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Randallstown Islamic Center Dawah Society | Windsor Mill | $174k |
| Exchange Ministries | Camdenton | $174k |
| Asian Crescent Partners | Billings | $174k |
| Sephardic Minyan WBR Inc | Boca Raton | $174k |