Pacific Telecommunications Council Inc

Analysis

Pacific Telecommunications Council Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pacific Telecommunications Council Inc reported income of $4.7m and spending of $3.9m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $4.7m (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific Telecommunications Council Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Institute for Freedoms Inc ($4.7m), Evanston Wilmette Golf Course Association ($4.7m) and Marion Independent School Foundation and Alumni Association ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $67k (1.7% of expenses). Other salaries and wages came to $961k. At year end it held assets of $3.4m against liabilities of $674k, net assets of $2.7m. It reported 25 employees.