Panda Cares Foundation Inc

Analysis

Panda Cares Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2016, 10 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, Panda Cares Foundation Inc reported income of $51.7m and spending of $48.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $55.6m to $51.7m (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panda Cares Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NV. Charities of a similar size with the same main cause include Quincy University Corporation ($51.7m), William Penn University ($51.7m) and Worcester City Campus Corporation ($51.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $39.7m against liabilities of $0, net assets of $39.7m.