The Pinehurst Foundation

Analysis

The Pinehurst Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Pinehurst Foundation reported income of $58k and spending of $61k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $58k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Pinehurst Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Stempler Family Foundation ($58k), Los Altos High Eagle Band Boosters ($58k) and Dutch Fork High School Baseball Booster Club Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.