Pact Helping Children with Special Needs Inc

Analysis

Pact Helping Children with Special Needs Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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, Pact Helping Children with Special Needs Inc reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $3.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pact Helping Children with Special Needs Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Harvard Crimson Inc ($3.9m), Make-A-Wish of Nebraska ($3.9m) and Bayonne Jewish Community Center ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $158k (4.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.2m against liabilities of $74k, net assets of $2.1m. It reported 42 employees.