Pasco TC Gives Inc

Analysis

Pasco TC Gives Inc is a registered charity in United States, based in Dade City, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pasco TC Gives Inc reported income of $198k and spending of $191k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $198k (+125%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pasco TC Gives Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Tustin Community Foundation ($198k), Greater Flint Orthodox Endowment Fund Inc ($198k) and Seventh Generation Interfaith Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.