Pioneer Towers

Analysis

Pioneer Towers is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Pioneer Towers reported income of $665k and spending of $162k, leaving 76% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $608k to $665k (+9.2%), an average of +2.2% a year. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pioneer Towers sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Circle of Caring Friends ($665k), Advocates for Victims of Violence Incorporated ($665k) and Quaker Voluntary Service Inc ($664k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16.2m against liabilities of $0, net assets of $16.2m.