Pinion Street Foundation

Analysis

Pinion Street Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pinion Street Foundation reported income of $718k and spending of $634k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $611k to $718k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2024, when income rose by 334%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pinion Street Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Justice-Frye Foundation Inc ($718k), Share Omaha ($718k) and Valley United Way Incorporated ($718k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $10.3m against liabilities of $16k, net assets of $10.3m.