Paragon Management

Analysis

Paragon Management is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Paragon Management reported income of $30.6m and spending of $30.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.8m to $30.6m (+34%), an average of +7.7% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paragon Management sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Early Learning Coalition of Okaloosa and Walton Counties Inc ($30.6m), Blueprint ($30.6m) and Ascent Academies of Utah ($30.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $187k (0.6% of expenses). Other salaries and wages came to $14.1m. At year end it held assets of $64.6m against liabilities of $59.5m, net assets of $5.1m. It reported 439 employees.