Pegasus Voyages

Analysis

Pegasus Voyages is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Pegasus Voyages reported income of $68k and spending of $78k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $68k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pegasus Voyages sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include North Park Paddle Tennis Association ($68k), Warminster Pioneers ($68k) and Friends of Cunningham Falls and Gambrill State Parks Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.