Cathedral of the Pines Foundation

Analysis

Cathedral of the Pines Foundation is a registered charity in United States, based in Rindge, NH. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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 December 2023, Cathedral of the Pines Foundation reported income of $496k and spending of $476k, spending 96% of its income. Across the 5 years on record, from March 2020 to December 2023, income grew from $448k to $496k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cathedral of the Pines Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within NH. Charities of a similar size with the same main cause include Big Brothers Big Sisters Northwestern Ohio ($496k), Bingham County Senior Citizens Center Inc ($496k) and Johnson City Library Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $110k (23% of expenses). Other salaries and wages came to $89k. At year end it held assets of $2.2m against liabilities of $127k, net assets of $2.1m. It reported 6 employees.