Paisano Educational Trust

Analysis

Paisano Educational Trust is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Paisano Educational Trust reported income of $123k and spending of $130k, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $105k to $123k (+18%), an average of +4.1% a year. The sharpest change came in the year to July 2020, when income rose by 812%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paisano Educational Trust sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Organization of Chinese Americans Inc ($123k), A Special Wish Foundation ($123k) and Unidentified Moving Objects Company Inc ($123k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 10% of the total. At year end it held assets of $1.7m against liabilities of $215k, net assets of $1.5m.