Pine Shores Art Association Inc

Analysis

Pine Shores Art Association Inc is a registered charity in United States, based in Manahawkin, NJ. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pine Shores Art Association Inc reported income of $94k and spending of $78k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $94k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pine Shores Art Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Snehalaya Americas Inc ($94k), Greene County Council on the Arts ($94k) and Friends of the Yellowstone Gateway Museum of Park County Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 71% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.