Pacific Gateway Center

Analysis

Pacific Gateway Center is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 September 2023, Pacific Gateway Center reported income of $2.6m and spending of $3.0m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $2.6m (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific Gateway Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within HI. Charities of a similar size with the same main cause include Aid for Women Inc ($2.6m), Art Students League of Denver ($2.6m) and Liberty Lutheran Foundation ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $240k (8.0% of expenses). Other salaries and wages came to $722k. At year end it held assets of $7.1m against liabilities of $979k, net assets of $6.1m. It reported 27 employees.