International Association of Pastel Societies

Analysis

International Association of Pastel Societies is a registered charity in United States, based in Kingston, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, International Association of Pastel Societies reported income of $248k and spending of $140k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $202k to $248k (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Association of Pastel Societies sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Palmetto State Arts Education ($248k), Life Training Institute ($248k) and Fresno Area Community Enterprises Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $77k (55% of expenses). At year end it held assets of $418k against liabilities of $2,855, net assets of $416k. It reported 1 employees.