Pioneer Housing Development Inc John Paul Apartments

Analysis

Pioneer Housing Development Inc John Paul Apartments is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1980, 46 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 Housing Development Inc John Paul Apartments reported income of $596k and spending of $617k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $596k to $596k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pioneer Housing Development Inc John Paul Apartments sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include RHS Corp ($596k), Sand Springs Community Services Inc ($596k) and Birth Haven Inc ($596k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $755k against liabilities of $1.4m, net assets of -$691k.