Pacific Resources for Education and Learning
Analysis
Pacific Resources for Education and Learning is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover social science, 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 September 2023, Pacific Resources for Education and Learning reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.9m to $4.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 103% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Resources for Education and Learning sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within HI. Charities of a similar size with the same main cause include Bellingrath Gardens and Home Foundation Inc ($4.1m), Center for Excellence in Education ($4.1m) and National Music Museum ($4.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $330k (8.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.4m against liabilities of $922k, net assets of $523k. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bellingrath Gardens and Home Foundation Inc | Theodore | $4.1m |
| Center for Excellence in Education | McLean | $4.1m |
| National Music Museum | Vermillion | $4.1m |
| Discovery Center of Science and Technology | Syracuse | $4.1m |