Pierce Family Foundation

Analysis

Pierce Family Foundation is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Pierce Family Foundation reported income of $71k and spending of $56k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $71k (+157%), an average of +157% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pierce Family Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include St Columbkille Shepherds Inc ($71k), Home for the Holidays Inc ($71k) and Lafayette Choral Boosters Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 4.1% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.