Pier 360

Analysis

Pier 360 is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Pier 360 reported income of $3.3m and spending of $3.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.3m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pier 360 sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include United Way of Southeast Minnesota ($3.3m), Ohio Assoc of County Behavioral Health Authorities Foundation ($3.3m) and The Palo Alto Community Fund ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (3.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.6m against liabilities of $832k, net assets of $2.8m. It reported 50 employees.