Paragon Ministries International

Analysis

Paragon Ministries International is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Paragon Ministries International reported income of $237k and spending of $308k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $195k to $237k (+22%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paragon Ministries International sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Carl Bauman Ministries International Inc ($237k), Lifeline International Inc ($237k) and Metropolitan Baptist Church ($237k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (27% of expenses). Other salaries and wages came to $42k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 3 employees.