Pastures New III Inc

Analysis

Pastures New III Inc is a registered charity in United States, based in Vidalia, GA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pastures New III Inc reported income of $114k and spending of $673k, spending 589% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $113.7m to $114k (-100%), an average of -82% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pastures New III Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Carroll County Substance Education Coalition ($114k), Northern Arizona Volunteer Medical Corp ($114k) and Strategies for Change ($114k).

At year end it held assets of $5.8m against liabilities of $2.4m, net assets of $3.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.