The Alliance for Pioneer Square

Analysis

The Alliance for Pioneer Square is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Alliance for Pioneer Square reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Alliance for Pioneer Square sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Rural Development Fund ($1.9m), Coyote Taskforce ($1.9m) and Plumbers & Pipefitters Local No 9 Education Fund ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (9.2% of expenses). Other salaries and wages came to $421k. At year end it held assets of $1.3m against liabilities of $629k, net assets of $671k. It reported 7 employees.