Panna Maria Community Fund

Analysis

Panna Maria Community Fund is a registered charity in United States, based in Panna Maria, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Panna Maria Community Fund reported income of $130k and spending of $281k, spending 216% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $258k to $130k (-49%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Panna Maria Community Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Marjorie M & Lawrence R Bradley Endowment Fund of Polk County N Ca ($130k), Port Authority Police World Trade Disaster Survivors Fund ($130k) and East Fresno Kiwanis Foundation ($130k).

At year end it held assets of $180k against liabilities of $0, net assets of $180k.