Pan African Christian Exchange

Analysis

Pan African Christian Exchange is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2013, 13 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, Pan African Christian Exchange reported income of $186k and spending of $190k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $228k to $186k (-18%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pan African Christian Exchange sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Bais Medrash Lavreichem Inc ($186k), Combined Baker Trust ($186k) and Ripitt Foundation ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $1,371, net assets of $12k.