PGM Aviation

Analysis

PGM Aviation is a registered charity in United States, based in Haltom City, TX. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, PGM Aviation reported income of $256k and spending of $124k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $129k to $256k (+98%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, PGM Aviation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Bailey Foundation ($256k), Boerne Performing Arts ($256k) and Palmo Center for Peace & Education ($255k).

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 $156k against liabilities of $0, net assets of $156k.