Pagnozzi Charities Inc

Analysis

Pagnozzi Charities Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pagnozzi Charities Inc reported income of $147k and spending of $193k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $147k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pagnozzi Charities Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within AR. Charities of a similar size with the same main cause include Any Kid Can Hunt Foundation ($147k), Jennings County United Way Inc ($147k) and GFWC Lutz-Land O Lakes Womans Club Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $52k. At year end it held assets of $102k against liabilities of $3,925, net assets of $98k. It reported 2 employees.