Build Pagosa Inc

Analysis

Build Pagosa Inc is a registered charity in United States, based in Pagosa Springs, CO. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Build Pagosa Inc reported income of $214k and spending of $96k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $278k to $214k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Build Pagosa Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Healdsburg Education Foundation ($214k), Purest Academy for Kids Inc ($214k) and Interra Cares Foundation Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $9,706 (10% of expenses). Other salaries and wages came to $20k. At year end it held assets of $429k against liabilities of $0, net assets of $429k. It reported 2 employees.