Pink Out Inc

Analysis

Pink Out Inc is a registered charity in United States, based in Hanover, PA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover medical research, 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 Out Inc reported income of $214k and spending of $92k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $214k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pink Out Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Pennsylvania Medical Society Charitable Trust ($214k), Alaska Native Medical Center Auxiliary Inc ($214k) and Sight for Souls ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.