Pine Lake Fund
Analysis
Pine Lake Fund is a registered charity in United States, based in Plainwell, MI. It received its IRS tax-exemption ruling in November 2025. 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 September 2023, Pine Lake Fund reported income of $861k and spending of $954k, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.2m to $861k (-61%), an average of -21% a year. The sharpest change came in the year to September 2021, when income dropped by 49%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Lake Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include The Dream Big Foundation ($860k), Boysville Foundation ($861k) and Aaron Nutritional Services Inc ($860k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $63k (6.6% of expenses). Other salaries and wages came to $285k. At year end it held assets of $1.8m against liabilities of $504k, net assets of $1.3m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 41%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Dream Big Foundation | Babylon | $860k |
| Boysville Foundation | San Antonio | $861k |
| Aaron Nutritional Services Inc | Antioch | $860k |
| Choice Network Inc | Columbus | $861k |