Panetta Institute for Public Policy

Analysis

Panetta Institute for Public Policy is a registered charity in United States, based in Seaside, CA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Panetta Institute for Public Policy reported income of $3.0m and spending of $2.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.0m (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panetta Institute for Public Policy 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 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Trinity College of Nursing & Health Sciences ($3.0m), Ambassador Christian Academy Inc ($3.0m) and Scottish Rite Foundation Southern Jurisdiction USA Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.6% of the total. Other salaries and wages came to $659k. At year end it held assets of $15.2m against liabilities of $264k, net assets of $14.9m. It reported 16 employees.