Pioneer Homestead

Analysis

Pioneer Homestead is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Pioneer Homestead reported income of $286k and spending of $285k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $362k to $286k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pioneer Homestead sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WY. Charities of a similar size with the same main cause include Affordable Housing Association ($286k), CSG Residential Inc ($286k) and Springboard Landings Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.7m against liabilities of $158k, net assets of $1.5m.