Pacifica Resource Center
Analysis
Pacifica Resource Center is a registered charity in United States, based in Pacifica, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Pacifica Resource Center reported income of $2.5m and spending of $2.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.5m (+101%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 99%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pacifica Resource Center 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 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Salt Outreach Inc ($2.5m), Hope Hospice and Palliative Care Inc ($2.5m) and Hope Connections Inc ($2.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $184k (9.0% of expenses). Other salaries and wages came to $798k. At year end it held assets of $3.3m against liabilities of $144k, net assets of $3.1m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salt Outreach Inc | Orlando | $2.5m |
| Hope Hospice and Palliative Care Inc | Medford | $2.5m |
| Hope Connections Inc | Shreveport | $2.5m |
| Stempower Inc | Swampscott | $2.5m |