Pine Cobble School Inc

Analysis

Pine Cobble School Inc is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Pine Cobble School Inc reported income of $5.0m and spending of $3.2m, leaving 36% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $2.7m to $5.0m (+81%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Cobble School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Invictus Academy Inc ($5.0m), Oklahoma State School Boards Association Inc ($5.0m) and RGR Industries Inc ($5.0m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 82% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $149k (4.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $13.3m against liabilities of $551k, net assets of $12.8m. It reported 66 employees.