Pillars Initiative Inc

Analysis

Pillars Initiative Inc is a registered charity in United States, based in Stone Mountain, GA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pillars Initiative Inc reported income of $140k and spending of $87k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $140k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pillars Initiative Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Baptist Center for Global Concerns ($140k), A Diamond in the Ruff Incorporated ($140k) and Miami Valley Down Syndrome Association ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.