Polichic Engagement Fund
Analysis
Polichic Engagement Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Polichic Engagement Fund reported income of $305k and spending of $274k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $337k to $305k (-9.4%), an average of -9.4% a year. Over the whole period it spent 89% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Polichic Engagement Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Good Deed Corps ($305k), Celebrate Children Foundation Incorporated ($305k) and Mpac NYC ($305k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (27% of expenses). Other salaries and wages came to $42k. At year end it held assets of $36k against liabilities of $36k, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Good Deed Corps | Edinburg | $305k |
| Celebrate Children Foundation Incorporated | Madison | $305k |
| Mpac NYC | New York | $305k |
| Freedom Fund Network Inc | Delray Beach | $305k |