Pioneer Housing Project I

Analysis

Pioneer Housing Project I is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Housing Project I reported income of $70k and spending of $92k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $70k (-13%), an average of -13% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pioneer Housing Project I sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Foundations for Freedom Inc ($70k), New England Bangladash American Foundation Inc ($70k) and I Got Next Youth Sports Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $406k against liabilities of $648k, net assets of -$242k.