Pajamas for Seniors

Analysis

Pajamas for Seniors is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Pajamas for Seniors reported income of $67k and spending of $83k, spending 125% of what it took in. Across the 3 years on record, from December 2018 to December 2022, income grew from $3,834 to $67k (+1637%), an average of +317% a year. The sharpest change came in the year to December 2020, when income rose by 404%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pajamas for Seniors sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Kids Against Hunger Tarrant County ($67k), Ojai Valley Family Shelter ($67k) and Wish NJ Incorporated ($67k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,718 against liabilities of $0, net assets of $9,718.