Friends of Pioneer Valley

Analysis

Friends of Pioneer Valley is a registered charity in United States, based in South Hadley, MA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. 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 June 2023, Friends of Pioneer Valley reported income of $308k and spending of $325k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $334k to $308k (-7.7%), an average of -2.0% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Pioneer Valley sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Hidden Treasures ($308k), As & Aces ($308k) and Financial Empowerment Network ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $5.7m against liabilities of $3.5m, net assets of $2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.