Three Pillars Initiative

Analysis

Three Pillars Initiative is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Three Pillars Initiative reported income of $87k and spending of $70k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $87k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Three Pillars Initiative sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Partners in Education ($87k), Instructional Technology Integration Partnership of Ohio in ($87k) and Korean Real Estate Brokers Association ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.