Pacific Rising Inc

Analysis

Pacific Rising Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Pacific Rising Inc reported income of $95k and spending of $170k, spending 180% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $217k to $95k (-56%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pacific Rising Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include The Compassionate Listening Project ($95k), JP Ministries Inc ($95k) and Children in Action Inc ($95k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $9,911, net assets of $82k.