Paragon Films for Christ Charitable Trust

Analysis

Paragon Films for Christ Charitable Trust is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2002, 24 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, Paragon Films for Christ Charitable Trust reported income of $51k and spending of $43k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $56k to $51k (-8.7%), an average of -2.3% a year. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paragon Films for Christ Charitable Trust sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include United Court of Austin Inc ($51k), Fedco Charitable Foundation ($51k) and The Ausherman Family Trust ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.