Pink Tie Friends Inc
Analysis
Pink Tie Friends Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Pink Tie Friends Inc reported income of $267k and spending of $140k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $184k to $267k (+45%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 69% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pink Tie Friends Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include 2fish Foundation ($267k), Emerge Center for Social and Emotional Learning ($267k) and Living Hope Counseling Services ($267k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $372k against liabilities of $2,417, net assets of $370k.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Other 54%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 2fish Foundation | Denham SPGS | $267k |
| Emerge Center for Social and Emotional Learning | Davis | $267k |
| Living Hope Counseling Services | Cincinnati | $267k |
| Childrens Airway First Foundation | Austin | $267k |