Piece Inc

Analysis

Piece Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Piece Inc reported income of $2.5m and spending of $2.1m, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $2.5m (+65%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piece Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MT. Charities of a similar size with the same main cause include Paterson Day Care 100 ($2.5m), Oklahoma Bible Academy ($2.5m) and Black United Fund of Illinois Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 82% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $4.9m against liabilities of $24k, net assets of $4.9m. It reported 75 employees.