Pak7 US Inc

Analysis

Pak7 US Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pak7 US Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $1.3m (+234%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pak7 US Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Harrison International Ministries Inc ($1.3m), Evangelism Resources Inc ($1.3m) and Rebuilt Parish Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $150k. At year end it held assets of $216k against liabilities of $79k, net assets of $138k. It reported 3 employees.