Fund for the Pacific Century

Analysis

Fund for the Pacific Century is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Fund for the Pacific Century reported income of $219k and spending of $79k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $219k (+570%), an average of +570% a year. The sharpest change came in the year to December 2023, when income rose by 570%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fund for the Pacific Century sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Entrepreneurs Organization ($219k), Why Not Win Institute Inc ($219k) and Corsicana Artist and Writer Residency ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $520k against liabilities of $106k, net assets of $414k.