Pacific Retirement Services Inc

Analysis

Pacific Retirement Services Inc is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Pacific Retirement Services Inc reported income of $19.4m and spending of $21.2m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.8m to $19.4m (+80%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 63%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pacific Retirement Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Mennonite Board of Missions & Charities of Kansas Inc ($19.4m), Family and Childrens Aid Inc ($19.5m) and Crossroads Youth & Family Services Inc ($19.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 102% of the total. Other salaries and wages came to $15.1m. At year end it held assets of $67.5m against liabilities of $5.7m, net assets of $61.7m. It reported 182 employees.