Pendragon Inc

Analysis

Pendragon Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pendragon Inc reported income of $927k and spending of $531k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $927k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pendragon Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Museum of Prairiefire Foundation ($927k), Alliance Francaise de Puerto Rico ($927k) and Theater Wit NFP ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Other salaries and wages came to $174k. It paid $70k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $654k, net assets of $1.4m. It reported 30 employees.