Pioneer Ministires Inc

Analysis

Pioneer Ministires Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Ministires Inc reported income of $595k and spending of $318k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $595k (+149%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pioneer Ministires Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MS. Charities of a similar size with the same main cause include Lakeshore Youth Hockey Organization Inc ($595k), Sandy Springs Youth Sports Inc ($596k) and The Cincinnati Tennis Foundation ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $68k (21% of expenses). Other salaries and wages came to $48k. At year end it held assets of $849k against liabilities of $0, net assets of $849k. It reported 5 employees.