Grant Pierce Housing Inc

Analysis

Grant Pierce Housing Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in January 2007, 19 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 June 2023, Grant Pierce Housing Inc reported income of $214k and spending of $290k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $102k to $214k (+111%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 158%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grant Pierce Housing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Yellowstone Country Assistance ($214k), Senior Center Inc ($214k) and Westfield Residence Inc ($214k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 60% of the total. At year end it held assets of $934k against liabilities of $0, net assets of $934k.