Pierone Research Institute- a Whole Family Health Ctr Initiative

Analysis

Pierone Research Institute- a Whole Family Health Ctr Initiative is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 March 2024, Pierone Research Institute- a Whole Family Health Ctr Initiative reported income of $173k and spending of $222k, spending 129% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from $614k to $173k (-72%), an average of -34% a year. The sharpest change came in the year to March 2023, when income dropped by 66%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pierone Research Institute- a Whole Family Health Ctr Initiative sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Joshs Hope Foundation Inc ($173k), Abiding Hope Inc ($173k) and Lifeline Recovery Services Foundation ($173k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $133k. At year end it held assets of $523k against liabilities of $10k, net assets of $513k.