Pioneer Abodes Ltd

Analysis

Pioneer Abodes Ltd is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2003, 23 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 2022, Pioneer Abodes Ltd reported income of $75k and spending of $123k, spending 164% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $85k to $75k (-12%), an average of -6.1% a year. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pioneer Abodes Ltd sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Haven of Hope Farm & Residence Inc ($75k), Monticello Homes for Elderly Inc ($75k) and Combs-Redfern Apartments Inc ($75k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $1.0m against liabilities of $62k, net assets of $939k.

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.