Panda Cares Foundation Inc
1120 N Town Center Dr Ste 150, Las Vegas, NV · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $43,526,725 | $35,548,132 | $47,663,933 |
| FY2023 | $51,663,601 | $48,805,223 | $39,685,341 |
| FY2022 | $47,491,935 | $48,041,939 | $36,826,962 |
| FY2021 | $45,451,718 | $53,197,913 | $37,372,072 |
| FY2020 | $41,141,985 | $45,090,096 | $44,633,071 |
| FY2019 | $55,635,086 | $34,145,784 | $48,581,183 |
| FY2018 | $44,309,497 | $28,926,123 | $27,091,881 |
| FY2017 | $35,638,757 | $25,233,269 | $11,708,507 |
| FY2016 | $1,955,091 | $652,072 | $1,303,019 |
Form 990 filings
The returns filed by Panda Cares Foundation Inc (EIN 81-2094929), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $41,420,395 | 95% |
| Program service revenue | $0 | 0% |
| Other revenue | $2,106,330 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $35,374,101 | 100% |
| Management & general | $174,031 | <1% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 95% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 96% of 25 Education organizations in NV.
- Net assets covered about 16.1 months of expenses at the end of the reporting year. That puts it in the 55th percentile among 312 Education organizations in NV.
- Total revenue was higher than 97.5% of 316 Education organizations in NV.
- Total revenue rose from $1,955,091 in FY2016 to $43,526,725 in FY2024. Revenue increased in 6 and decreased in 2 of 8 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 9 reported years (FY2020, FY2021, FY2022).
- The highest revenue on record here is $55,635,086 in FY2019.
- Net assets grew from $1,303,019 to $47,663,933 between FY2016 and FY2024.
- Contributions and grants made up 0% of revenue in FY2016 and 95% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
BRINGS HOPE & SERVES UNDERSERVED YOUTH HEALTH/EDUCATION NEEDS & FOSTERS SPIRIT OF GIVING. PANDA CARES BRINGS HOPE TO YOUTH IN NEED. OUR PURPOSE IS TO SERVE THE HEALTH AND EDUCATION NEEDS OF UNDERSERVED YOUTH AND TO FOSTER THE SPIRIT OF GIVING. AMONG OTHER THINGS, PANDA CARES FOUNDATION, INC.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B90 — Education (in NV) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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