Friends O F PAC

Analysis

Friends O F PAC is a registered charity in United States, based in Pinedale, WY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Friends O F PAC reported income of $107k and spending of $104k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $107k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends O F PAC sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WY. Charities of a similar size with the same main cause include Wellesley Swimming Association Inc ($107k), Naugatuck Valley League Inc ($107k) and Taylorville High School Sports Boosters ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.6% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.