Pactt Learning Center

Analysis

Pactt Learning Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pactt Learning Center reported income of $5.9m and spending of $6.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.9m (+15%), an average of +3.5% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pactt Learning Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Valley View Home ($5.9m), Safari Game Search Foundation ($5.9m) and The Bradley Home ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 92% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $6.2m against liabilities of $1.8m, net assets of $4.4m. It reported 142 employees.