Pioneer Valley Grows Investment Fund Inc

Analysis

Pioneer Valley Grows Investment Fund Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pioneer Valley Grows Investment Fund Inc reported income of $70k and spending of $149k, spending 214% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $86k to $70k (-19%), an average of -6.7% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 136% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pioneer Valley Grows Investment Fund Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Parker Center for Family Business ($70k), Share Memphis ($70k) and Spanish Lake Community Association ($70k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $2.4m against liabilities of $2.7m, net assets of -$243k.