The Pando Initiative Inc

Analysis

The Pando Initiative Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Pando Initiative Inc reported income of $1.6m and spending of $1.7m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.6m (+6.0%), an average of +2.0% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Pando Initiative Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Eastie Farm Inc ($1.6m), Safe Children Foundation ($1.6m) and John Randolph Foundation Support Fund Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $98k (5.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $51k, net assets of $1.4m. It reported 46 employees.