Pangeaseed Foundation

Analysis

Pangeaseed Foundation is a registered charity in United States, based in Keaau, HI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Pangeaseed Foundation reported income of $320k and spending of $535k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $320k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Pangeaseed Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within HI. Charities of a similar size with the same main cause include Ocean Defenders Alliance ($320k), Water Conservation Garden Authority ($320k) and Preserve Old Mission Peninsula ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $153k (29% of expenses). Other salaries and wages came to $70k. At year end it held assets of $174k against liabilities of $9,955, net assets of $164k. It reported 3 employees.