Pegasus Slowpitch Softball Association Inc

Analysis

Pegasus Slowpitch Softball Association Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pegasus Slowpitch Softball Association Inc reported income of $171k and spending of $127k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $56k to $171k (+207%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pegasus Slowpitch Softball Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include West Central Wildcat Inc ($171k), Southern Lehigh Youth Baseball Inc ($171k) and North Augusta Yellow Jacket Club ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $180k against liabilities of $170, net assets of $179k.