Natick Pegasus Inc

Analysis

Natick Pegasus Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Natick Pegasus Inc reported income of $852k and spending of $774k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $704k to $852k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Natick Pegasus Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International ($852k), Arise Inc ($852k) and United Way of Northeastern South Dakota ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $398k. At year end it held assets of $3.6m against liabilities of $270k, net assets of $3.3m. It reported 7 employees.