Pegasus Springs Education Collective Inc

Analysis

Pegasus Springs Education Collective Inc is a registered charity in United States, based in Reading, MA. It received its IRS tax-exemption ruling in June 2019, 7 years ago.

In the financial year ending December 2023, Pegasus Springs Education Collective Inc reported income of $95k and spending of $87k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $497k to $95k (-81%), an average of -34% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pegasus Springs Education Collective Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Influenceher Group ($95k), Soroptimist Safety Town of Santa Barbara ($95k) and Truckee Wolverine Boosters Club Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $63, net assets of $16k.