Pinewoods Educational Foundation

Analysis

Pinewoods Educational Foundation is a registered charity in United States, based in Browns Summit, NC. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Pinewoods Educational Foundation reported income of $521k and spending of $2,957, leaving 99% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $51k to $521k (+929%), an average of +118% a year. The sharpest change came in the year to June 2023, when income rose by 6382%. Over the whole period it spent 4.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinewoods Educational Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Institute for Positive Living ($521k), South End Community Outreach Ministries Secom ($521k) and Fox Valley Literacy Council Inc ($521k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $2.5m against liabilities of $72k, net assets of $2.4m.