Pangea Educational Development Group

Analysis

Pangea Educational Development Group is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Pangea Educational Development Group reported income of $263k and spending of $287k, spending 109% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $314k to $263k (-16%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pangea Educational Development Group sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Hearts of Joy International Corp ($263k), 4222-Humanity Through Baseball Foundation Inc ($263k) and Isaacs Dream Inc ($263k).

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 $131k (46% of expenses). At year end it held assets of $64k against liabilities of -$56, net assets of $64k.