Pinnacle Oppurtunities Inc

Analysis

Pinnacle Oppurtunities Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in September 1997, 29 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 March 2023, Pinnacle Oppurtunities Inc reported income of $5.5m and spending of $5.6m, spending 102% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $5.0m to $5.5m (+10%), an average of +3.2% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinnacle Oppurtunities Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include South Asian Youth Action Saya Inc ($5.5m), Newport Young Mens Christian Association ($5.5m) and Resources for Children with Special Needs Inc ($5.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $6.4m against liabilities of $1.6m, net assets of $4.8m. It reported 109 employees.