Pine Tree Housing Agency

Analysis

Pine Tree Housing Agency is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 2005, 21 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 (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 Tree Housing Agency reported income of $420k and spending of $20k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $420k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 437%. Over the whole period it spent 6.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pine Tree Housing Agency sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ME. Charities of a similar size with the same main cause include Behavioral Health Foundation of Central Mississippi Inc ($420k), Friends of the Domaine de Chantilly Inc ($420k) and Bike Box Project ($420k).

At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.