Pillsbury United Communities

Analysis

Pillsbury United Communities is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1968, 58 years ago. 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, Pillsbury United Communities reported income of $16.1m and spending of $14.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.4m to $16.1m (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pillsbury United Communities 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 96th percentile within MN. Charities of a similar size with the same main cause include Kents Hill School ($16.1m), Aspen Country Day School Inc ($16.1m) and Mount Sinai Hospital Insurance Trust No 1 ($16.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Other salaries and wages came to $6.4m. At year end it held assets of $20.9m against liabilities of $5.5m, net assets of $15.5m. It reported 257 employees.