Pacific Institute for Research and Evaluation

Analysis

Pacific Institute for Research and Evaluation is a registered charity in United States, based in Beltsville, MD. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Pacific Institute for Research and Evaluation reported income of $15.2m and spending of $15.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.6m to $15.2m (-22%), an average of -6.1% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Institute for Research and Evaluation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Salt Lake Tribune Inc ($15.2m), Arizona Sonora Desert Museum ($15.2m) and Friends of PBS Wisconsin Inc ($15.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.3m (8.4% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $13.5m against liabilities of $9.7m, net assets of $3.8m. It reported 139 employees.