Pioneer Valley Workers Center Inc

Analysis

Pioneer Valley Workers Center Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in July 2018, 8 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, Pioneer Valley Workers Center Inc reported income of $706k and spending of $756k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $706k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 208%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pioneer Valley Workers Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Thrive Ministries Inc ($706k), Habitat for Safe Seniors Inc ($706k) and Hospice Del Valle Inc ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $128k (17% of expenses). Other salaries and wages came to $167k. At year end it held assets of $454k against liabilities of $84k, net assets of $370k. It reported 11 employees.