Colima Pasco Collaboration and Friendship Association

Analysis

Colima Pasco Collaboration and Friendship Association is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Colima Pasco Collaboration and Friendship Association reported income of $105k and spending of $86k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $105k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colima Pasco Collaboration and Friendship Association sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Mary Ball Washington Museum & Library Inc ($105k), The Memorial Hall Foundation Inc ($105k) and Chinese School of Caacf Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.