Pearce Family Foundation

Analysis

Pearce Family Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in April 2014, 12 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, Pearce Family Foundation reported income of $75k and spending of $182k, spending 244% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $354k to $75k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pearce Family Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Filipino American Community Anddevelopment Center of Ocean County ($75k), Rockin Appalachian Moms Project ($75k) and Family Enterprising Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $222k against liabilities of $110k, net assets of $112k.