Country Place of Pierz
Analysis
Country Place of Pierz is a registered charity in United States, based in Pierz, MN. It received its IRS tax-exemption ruling in July 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Country Place of Pierz reported income of $140k and spending of $167k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $110k to $140k (+27%), an average of +6.2% a year. Over the whole period it spent 124% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Country Place of Pierz sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Project Own Inc ($140k), Network Housing 2005 Inc ($140k) and Veterans Drop-In Center ($140k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 39% of the total. At year end it held assets of $790k against liabilities of $157k, net assets of $633k.
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.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 39%
- Other 7.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Own Inc | Baltimore | $140k |
| Network Housing 2005 Inc | Columbus | $140k |
| Veterans Drop-In Center | Rockford | $140k |
| Heritage Place of Indianapolis Inc | Indianapolis | $140k |