The Paragon Partnership

Analysis

The Paragon Partnership is a registered charity in United States, based in Cutler Bay, FL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Paragon Partnership reported income of $88k and spending of $57k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $88k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Paragon Partnership sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include North Hills Terrace Inc ($88k), Sonoma Maple & Schuyler Tenants Association Inc ($88k) and Hacienda de Ybor Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $4,992. At year end it held assets of $419k against liabilities of $303k, net assets of $116k.