Pleasant Pittsfield Inc

Analysis

Pleasant Pittsfield Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in March 1996, 30 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 June 2023, Pleasant Pittsfield Inc reported income of $60k and spending of $101k, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $53k to $60k (+13%), an average of +3.2% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pleasant Pittsfield Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Hope Housing Inc ($60k), Oxford Place Inc ($60k) and Sunset Apartments ($60k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $338k against liabilities of $919k, net assets of -$581k.

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.