Pioneer Valley Project Inc

Analysis

Pioneer Valley Project Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 1998, 28 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, Pioneer Valley Project Inc reported income of $732k and spending of $524k, leaving 28% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $276k to $732k (+166%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 66%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pioneer Valley Project Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Churubusco Community Child Care Center Inc ($732k), Louisiana Alliance of Childrens Advocacy Centers ($733k) and Brandon Burlsworth Foundation ($732k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $287k (55% of expenses). At year end it held assets of $496k against liabilities of $9,225, net assets of $487k. It reported 18 employees.