Pararescue Foundation

Analysis

Pararescue Foundation is a registered charity in United States, based in Milford, MI. It received its IRS tax-exemption ruling in July 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 December 2023, Pararescue Foundation reported income of $455k and spending of $367k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $455k (+250%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pararescue Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Hope for Addiction Inc ($455k), Patriot Assistance Dogs ($455k) and Aitkin County Care Inc ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $480k against liabilities of $0, net assets of $480k.