Paragon Service Dogs

Analysis

Paragon Service Dogs is a registered charity in United States, based in Henderson, CO. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Paragon Service Dogs reported income of $818k and spending of $800k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $429k to $818k (+91%), an average of +18% a year. The sharpest change came in the year to September 2020, when income rose by 40%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paragon Service Dogs sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Cache Refugee and Immigrant Connection ($818k), Judge Ben Gordon Jr Family Visitation Center ($818k) and Good Karma Bikes ($818k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $126k (16% of expenses). Other salaries and wages came to $322k. At year end it held assets of $1.4m against liabilities of $50k, net assets of $1.3m. It reported 13 employees.