Partners for the PAC

Analysis

Partners for the PAC is a registered charity in United States, based in Astoria, OR. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Partners for the PAC reported income of $330k and spending of $129k, leaving 61% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $102k to $330k (+225%), an average of +225% a year. The sharpest change came in the year to June 2024, when income rose by 225%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Partners for the PAC sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Lassen Association ($330k), North Pointe Ballet Inc ($330k) and Kser Foundation ($330k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $15k (12% of expenses). At year end it held assets of $226k against liabilities of $20k, net assets of $206k. It reported 1 employees.