Pines of Peace Inc

Analysis

Pines of Peace Inc is a registered charity in United States, based in Ontario, NY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Pines of Peace Inc reported income of $489k and spending of $290k, leaving 41% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $265k to $489k (+85%), an average of +17% a year. The sharpest change came in the year to October 2023, when income rose by 88%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pines of Peace Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Isaiahs Response 6 8 ($489k), Camp John Marc Foundation Inc ($489k) and Charlotte Mecklenburg Black Chamber of Commerce Inc ($489k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $164k. At year end it held assets of $876k against liabilities of $3,885, net assets of $872k. It reported 15 employees.