Point Is

Analysis

Point Is is a registered charity in United States, based in Johns Island, SC. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Point Is reported income of $211k and spending of $206k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $211k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Point Is sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Bee Cave Elementary Parent Teacher Organization ($211k), Ice Hockey Club at NC State Talley Student Union 4210 ($211k) and Blue Springs South Football Booster Club ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $19k against liabilities of $2,361, net assets of $17k.