Santiago Panama Mission Adventures

Analysis

Santiago Panama Mission Adventures is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Santiago Panama Mission Adventures reported income of $145k and spending of $87k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $145k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 64% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Santiago Panama Mission Adventures sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Rota Development Group ($145k), Jabez Humanitarian Foundation ($145k) and Cameroon Childrens Ministry ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $173k against liabilities of $1,313, net assets of $172k.