Pillars Inc

Analysis

Pillars Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in October 1987, 39 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 September 2022, Pillars Inc reported income of $5.1m and spending of $5.4m, spending 105% of what it took in. Across the 3 years on record, from September 2019 to September 2022, income grew from $4.4m to $5.1m (+17%), an average of +8.0% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pillars Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Warm Hearth Inc ($5.1m), St Mary Development Corporation ($5.1m) and House of Hope Inc ($5.1m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $21k (0.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $9.1m against liabilities of $1.3m, net assets of $7.8m. It reported 108 employees.

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.