Pioneer Home Incorporated

Analysis

Pioneer Home Incorporated is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in May 1942, 84 years ago. 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, Pioneer Home Incorporated reported income of $17.0m and spending of $16.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.1m to $17.0m (+5.7%), an average of +1.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pioneer Home Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Capital Area Soccer League Inc ($17.0m), National University of Natural Medicine ($17.0m) and New Hanover Community Health Center Inc ($17.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $210k (1.3% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $19.5m against liabilities of $21.6m, net assets of -$2.1m. It reported 329 employees.