Pillar Inc

Analysis

Pillar Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 2001, 25 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, Pillar Inc reported income of $263k and spending of $161k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $263k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pillar Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Alianza Latina Aplicando Soluciones ($263k), Nancetrans Inc ($263k) and Care Net Pregnancy Resource Center of Chilton County ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $81k (50% of expenses). Other salaries and wages came to $8,849. At year end it held assets of $243k against liabilities of $4,158, net assets of $239k. It reported 2 employees.