Pegasus Special Riders Inc

Analysis

Pegasus Special Riders Inc is a registered charity in United States, based in Oregon, IL. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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, Pegasus Special Riders Inc reported income of $172k and spending of $124k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $426k to $172k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pegasus Special Riders Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Richmond Kiwanis Foundation ($172k), PTA California Congress of Parents Teachers & Students Inc ($173k) and Home ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $723k against liabilities of $33k, net assets of $690k.