305 Pink Pack Inc

Analysis

305 Pink Pack Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, 305 Pink Pack Inc reported income of $254k and spending of $236k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $344k to $254k (-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 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 305 Pink Pack Inc 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 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include New Mental Health Connection Inc ($254k), Celebrateone ($254k) and Tri-Boro Volunteer Ambulance Corps Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $48k (20% of expenses). Other salaries and wages came to $24k. At year end it held assets of $235k against liabilities of $16k, net assets of $218k. It reported 3 employees.