PAC Inter City Missions

Analysis

PAC Inter City Missions is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, PAC Inter City Missions reported income of $246k and spending of $240k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $48k to $246k (+412%), an average of +412% a year. The sharpest change came in the year to December 2022, when income rose by 412%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, PAC Inter City Missions sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include South Texans Property Rightsassociation Inc ($246k), Next Level Leaders ($246k) and Watkins Glen Promotions Inc ($246k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Other salaries and wages came to $153k. At year end it held assets of $49k against liabilities of $2,523, net assets of $46k. It reported 10 employees.