Pacific Research Institute for Public Policy

Analysis

Pacific Research Institute for Public Policy is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Research Institute for Public Policy reported income of $12.0m and spending of $5.4m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $12.0m (+97%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pacific Research Institute for Public Policy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Chautauqua Region Community Foundation Inc ($12.0m), Neighborhood Partnerships Inc ($12.0m) and Community Foundation of North Central Wisconsin Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $1.4m (25% of expenses). Other salaries and wages came to $244k. At year end it held assets of $30.1m against liabilities of $300k, net assets of $29.8m. It reported 8 employees.