Pine Cay Project

Analysis

Pine Cay Project is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Pine Cay Project reported income of $63k and spending of $28k, leaving 56% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $82k to $63k (-23%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 23%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pine Cay Project sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Socho USA - India Foundation ($63k), Every Girl Counts Inc ($63k) and Sharing Gods Light Inc ($63k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $352k against liabilities of $0, net assets of $352k.