Pan African Center for Empowerment Inc

Analysis

Pan African Center for Empowerment Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pan African Center for Empowerment Inc reported income of $456k and spending of $880k, spending 193% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $673k to $456k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan African Center for Empowerment Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include The Wyoming Fine Arts Center ($456k), Delaware State Police Museum Inc ($456k) and Exodus Ensemble ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $583k against liabilities of $0, net assets of $583k.