Packet Clearing House Inc

Analysis

Packet Clearing House Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2003, 23 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, Packet Clearing House Inc reported income of $764k and spending of $746k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.1m to $764k (-28%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Packet Clearing House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Paint Creek Center for the Arts ($763k), Fideicomiso de Ballets de San Juan ($764k) and Danvers Historical Society Glen Magna ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $300k. At year end it held assets of $196k against liabilities of $9,379, net assets of $187k. It reported 5 employees.