Pioneer Place Senior Housing II

Analysis

Pioneer Place Senior Housing II is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 2009, 17 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 August 2023, Pioneer Place Senior Housing II reported income of $546k and spending of $725k, spending 133% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $533k to $546k (+2.5%), an average of +0.6% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pioneer Place Senior Housing II sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Gateway Qalicb Inc ($546k), Miss Elderly Housing Inc ($546k) and Columbian Village Inc ($546k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $191k. At year end it held assets of $5.3m against liabilities of $184k, net assets of $5.2m.

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.