Pajaro Valley Loaves and Fishes Inc

Analysis

Pajaro Valley Loaves and Fishes Inc is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, Pajaro Valley Loaves and Fishes Inc reported income of $2.0m and spending of $1.1m, leaving 45% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $2.0m (+67%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 48%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pajaro Valley Loaves and Fishes Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Fairfield Center for Disabilities and Cerebral Palsy Inc ($2.0m), Lake Lundgren Bible Camp Inc ($2.0m) and Cancer Support Community Greater San Gabriel Valley ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $76k (7.1% of expenses). Other salaries and wages came to $179k. At year end it held assets of $2.5m against liabilities of $12k, net assets of $2.5m. It reported 7 employees.