Pacoli New York Inc

Analysis

Pacoli New York Inc is a registered charity in United States, based in E Northport, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Pacoli New York Inc reported income of $102k and spending of $105k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $102k (+50%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacoli New York Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Peytons Project ($102k), Fairfax Ballet Company ($102k) and Texas Heritage Song Writers ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.