Pioneer Housing Project III

Analysis

Pioneer Housing Project III is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Pioneer Housing Project III reported income of $66k and spending of $71k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $62k to $66k (+5.3%), an average of +1.7% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pioneer Housing Project III sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Strawberry Fields Apartments Inc ($65k), States United to Prevent Gun Violence ($66k) and Second Chance Clean and Sober Living Home Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $7,630. At year end it held assets of $529k against liabilities of $780k, net assets of -$252k.