Pegasus Legal Services for Children

Analysis

Pegasus Legal Services for Children is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Pegasus Legal Services for Children reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.2m (+12%), an average of +3.9% a year. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Pegasus Legal Services for Children sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NM. Charities of a similar size with the same main cause include Out for Justice Inc ($1.2m), Trinity Foundation ($1.2m) and Law Enforcement Action Partnership Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $187k (17% of expenses). Other salaries and wages came to $550k. At year end it held assets of $1.3m against liabilities of $354k, net assets of $994k. It reported 16 employees.