CT Pan Foundation

Analysis

CT Pan Foundation is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in June 2020, 6 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, CT Pan Foundation reported income of $100k and spending of $115k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $204k to $100k (-51%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 51% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, CT Pan Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Blackstar Organization ($100k), Rusty Bowl BMX of Ukiah Inc ($100k) and Tri-County Rod and Gun Club Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.