Pacific Academy Foundation

Analysis

Pacific Academy Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Pacific Academy Foundation reported income of $193k and spending of $187k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $106k to $193k (+83%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 143%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific Academy Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Brooklyn Sportsman Club ($193k), PTA California Congress of Parents Teachers & Students Inc ($193k) and World Arts Foundation Inc ($193k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.