Pine Island Camp Inc

Analysis

Pine Island Camp Inc is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Pine Island Camp Inc reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2021, when income rose by 124%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pine Island Camp Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Greater Louisville Sports Commission ($1.6m), North Shore United Soccer Club Inc ($1.6m) and Bears Tail Basketball ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $205k (14% of expenses). Other salaries and wages came to $327k. It paid $12k in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $136k, net assets of $6.3m. It reported 58 employees.