The Pines Foundation Inc

Analysis

The Pines Foundation Inc is a registered charity in United States, based in Sayville, NY. It received its IRS tax-exemption ruling in October 1999, 27 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 Pines Foundation Inc reported income of $2.2m and spending of $874k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income dropped by 120%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Pines Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Metro Iaf Inc ($2.2m), Accessability Inc ($2.2m) and Directed Energy Professional Society ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 3.5% of the total. Other salaries and wages came to $119k. At year end it held assets of $10.9m against liabilities of $380k, net assets of $10.5m. It reported 3 employees.