Pagus Inc

Analysis

Pagus Inc is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in November 1998, 28 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 (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, Pagus Inc reported income of $73k and spending of $46k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $73k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pagus Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Manhattan Multicultural Counseling Inc ($73k), Pihcintu ($73k) and Trinity Communications Group Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 0.2% of the total. At year end it held assets of $396k against liabilities of $3,927, net assets of $392k.