Pact Global Microfinance Fund

Analysis

Pact Global Microfinance Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Pact Global Microfinance Fund reported income of $37.7m and spending of $121.7m, spending 323% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $72.0m to $37.7m (-48%), an average of -15% a year. The sharpest change came in the year to September 2023, when income dropped by 48%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pact Global Microfinance Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Camfed U S a Foundation ($37.6m), World Medical Relief Incorporated ($38.0m) and Hope International ($37.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $745k (0.6% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $85.0m against liabilities of $70.2m, net assets of $14.8m.