Pacific Century Institute Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 41% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
PACIFIC CENTURY INSTITUTE'S MISSION IS TO FOSTER EDUCATION, POLICY DIALOGUE, AND RESEARCH CONCERNING THE WHOLE PACIFIC RIM REGION. OUR CHOSEN CONSTITUENCY ARE THE SIGNIFICANT ACTORS ON THE REGIONAL STAGE CONSISTING OF GOVERNMENT OFFICIALS, SCHOLARS, BUSINESS PEOPLE, AND JOURNALISTS. PCI STRIVES TO PROVIDE A FORUM FOR DISCUSSION OF REGIONAL PROBLEMS, TO FOSTER THE CREATION OF COMMON SOLUTIONS, TO PROMOTE CROSS-CULTURAL COMMUNICATION, TO BUILD BRIDGES BETWEEN THE PEOPLES OF THE PACIFIC RIM, ESPECIALLY FOCUSING ON GAPS NOT BEING FILLED BY OTHER INSTITUTIONS, TO USE IMAGINATIVE ENTREPRENEURIAL PROGRAMMING TO FOSTER EDUCATION, RESEARCH, CROSS CULTURAL COMMUNICATION, AND POLICY DIALOGUE, AND TO PROVIDE "SEED MONEY" TO GET INITIATIVES OFF THE GROUND AS WELL AS SEEKING PARTNERS TO CARRY FORWARD. ALL OF THESE EFFORTS ARE DESIGNED TO CONSTRUCT A MORE OPEN AND HARMONIOUS FUTURE A FUTURE FREE FROM THE FORCES OF PAROCHIALISM AND CHAUVINISM THAT HAVE MARRED OUR MUTUAL PAST.
- Income
- $340,754
- Spending
- $367,968
- Spent on programs
- 41%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 89%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 44% of charities in its peer group (international, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
15 of 15Income rose 34% on the year before.
Spending floor
0 of 1541% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 31% of charities in its peer group (international, $250k to $1m).
Independent board
25 of 2523 of 23 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $31,822 spent. PCI CONDUCTED ITS ANNUAL PROJECT BRIDGE, WHEREBY KOREAN STUDENTS VISIT THE USA AND AMERICAN STUDENTS VISIT KOREA.THE STUDENTS RECEIVE ADVANCE EDUCATION AND TRAVEL UNDER THE SUPERVISION OF PCI REPRESENTATIVES.
- $29,162 spent. PCI WAS A SPONSOR OF THE 2024 WILLIAM J. PERRY LECTURE SERIES AT EWHA UNIVERSITY.
- $25,000 spent. PCI SUPPORTED THE 2024 EWC INTERNATIONAL MEDIA CONFERENCE
- $66,408 spent. PCI CONTRIBUTED $24,000 TO THE KOREA PEACE FORUM FOR 2024 PROGRAMSPCI CONTRIBUTED $14,940 TO SUPPORT DISTRIBUTION OF "GLOBAL ASIA"PCI CONTRIBUTED $9,409 TO PCI SENIOR FELLOWSHIP BOOKPCI SUPPORTED FRIENDS OF KOREA ($6,000)PCI SUPPORTED NAUTILUS ($5,000)PCI CONTRIBUTED $4,000 TO THE 2023/2024 JAMES T. LANEY DISTRINGUISHED PROFESSORSHIP AT YONSELPCI SUPPORTED PCI FELLOWSHIP, PAUL LEE ($2,000)PCI CONTRIBUTED $1,059 TO CONCORDIA LANGAUGE VILLAGES
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Mid-Pacific Institute (Honolulu, HI), EIN 99-0073514. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.