Pilgrim Park Inc

Analysis

Pilgrim Park Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in November 1970, 56 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pilgrim Park Inc reported income of $1.8m and spending of $1.2m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+14%), an average of +3.3% a year. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pilgrim Park Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Dickinson Place Charitable Corp ($1.8m), Olive Plaza ($1.8m) and Immanuel Sobriety ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $275k. At year end it held assets of $5.6m against liabilities of $2.2m, net assets of $3.5m.