Pass It on Fund Inc

Analysis

Pass It on Fund Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Pass It on Fund Inc reported income of $85k and spending of $43k, leaving 50% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $85k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pass It on Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($85k), Northstars Winterguard Parents Inc ($85k) and Triune Jiu Jitsu and Self Defense ($85k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.1% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.