Sugar Pine Foundation

Analysis

Sugar Pine Foundation is a registered charity in United States, based in S Lake Tahoe, CA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. 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, Sugar Pine Foundation reported income of $196k and spending of $168k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $196k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sugar Pine Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Mattawamkeag Housing Corp ($196k), Sanford Underground Research Facility Foundation ($196k) and Lutheran Church of South Sudan ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $68k (40% of expenses). At year end it held assets of $472k against liabilities of $0, net assets of $472k.