Pilgram Rest Foundation Inc

Analysis

Pilgram Rest Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pilgram Rest Foundation Inc reported income of $6.1m and spending of $6.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $6.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pilgram Rest Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Seed of Abraham Ministries Inc ($6.1m), Global Serve International Inc ($6.1m) and Eagles Wings International Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $675k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $17.1m against liabilities of $2.4m, net assets of $14.7m. It reported 27 employees.