Pahc Apartments Inc

Analysis

Pahc Apartments Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pahc Apartments Inc reported income of $4.3m and spending of $4.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.3m (+8.2%), an average of +2.0% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pahc Apartments Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Stevens Center ($4.3m), Salisbury Academy ($4.3m) and Inspire Arts and Music Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $167k. At year end it held assets of $14.0m against liabilities of $2.5m, net assets of $11.5m.