Pollen8 LLC

Analysis

Pollen8 LLC is a registered charity in United States, based in S Charleston, WV. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pollen8 LLC reported income of $1.6m and spending of $1.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $1.6m (+805%), an average of +74% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pollen8 LLC sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within WV. Charities of a similar size with the same main cause include Carver Community Organization Inc ($1.6m), Terrace Gardens Retirement Center Inc ($1.6m) and Center for Independence of Individuals with Disabitilites Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $728k. At year end it held assets of $1.6m against liabilities of $561k, net assets of $1.0m. It reported 69 employees.