Pierson Charities

Analysis

Pierson Charities is a registered charity in United States, based in Woodstown, NJ. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pierson Charities reported income of $85k and spending of $50k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $85k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pierson Charities sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Chesapeake Baseball Association Inc ($85k), Bridges Alliance of Johnson County Inc ($85k) and Art Helps Cancer ($85k).

At year end it held assets of $45k against liabilities of $0, net assets of $45k.