Pretty in Pink Foundation Inc

Analysis

Pretty in Pink Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Pretty in Pink Foundation Inc reported income of $5.3m and spending of $4.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $4.6m to $5.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pretty in Pink Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include SK Foundation USA Inc ($5.3m), Tapfound Inc ($5.3m) and Foothill-De Anza Community Colleges Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $111k (2.2% of expenses). Other salaries and wages came to $204k. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m. It reported 6 employees.