Panama Mission Relief

Analysis

Panama Mission Relief is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Panama Mission Relief reported income of $129k and spending of $75k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $129k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Panama Mission Relief sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Oregon Youth Rugby an Oregon Nonprofit Corporation ($129k), Quit Qui Oc Athletic Alliance Inc ($129k) and Oprf Alliance ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.