John Michael Pierce Foundation

Analysis

John Michael Pierce Foundation is a registered charity in United States, based in Miramar Beach, FL. It received its IRS tax-exemption ruling in April 2022, 4 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 December 2023, John Michael Pierce Foundation reported income of $143k and spending of $19k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $143k (-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 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, John Michael Pierce Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Maximizing Mental Health Inc ($143k), Kindness to Prevent Blindness ($144k) and Critically Loved ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.