Pagosa Community Initiative

Analysis

Pagosa Community Initiative is a registered charity in United States, based in Pagosa Springs, CO. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Pagosa Community Initiative reported income of $395k and spending of $413k, spending 105% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $276k to $395k (+43%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pagosa Community Initiative sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Special Cheers ($395k), Girls Incorporated of the Washington DC Metropolitan Area ($395k) and North Shore Alliance of Gay & Lesbian Youth ($395k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $185k. At year end it held assets of $40k against liabilities of $6,756, net assets of $33k. It reported 11 employees.