Pine Technical College Foundation

Analysis

Pine Technical College Foundation is a registered charity in United States, based in Pine City, MN. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pine Technical College Foundation reported income of $528k and spending of $397k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $375k to $528k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Technical College Foundation sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Association of Haitian Women Inc ($528k), Mighty Oaks Enrichment Center ($528k) and New Hope Academy ($528k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.