Pacific Island Ministries Inc

Analysis

Pacific Island Ministries Inc is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Pacific Island Ministries Inc reported income of $450k and spending of $549k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $381k to $450k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pacific Island Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include African Library Project ($450k), Motohope Mission Inc ($451k) and Medical Missionaries Inc ($450k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (30% of expenses). Other salaries and wages came to $42k. At year end it held assets of $49k against liabilities of $469, net assets of $49k. It reported 3 employees.