Pacific International Center for High Technology Research

Analysis

Pacific International Center for High Technology Research is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 1986, 40 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 September 2023, Pacific International Center for High Technology Research reported income of $1.2m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.7m to $1.2m (-89%), an average of -43% a year. The sharpest change came in the year to September 2023, when income rose by 139%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pacific International Center for High Technology Research 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 82nd percentile, and in the 82nd percentile within HI. Charities of a similar size with the same main cause include Mexico Mennonite Aid ($1.2m), Rural Futures International ($1.2m) and Abandoned Childrens Fund ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $246k (18% of expenses). Other salaries and wages came to $218k. At year end it held assets of $2.4m against liabilities of $202k, net assets of $2.2m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.