Pinnacle Ministries Inc
Analysis
Pinnacle Ministries Inc is a registered charity in United States, based in Mosinee, WI. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Pinnacle Ministries Inc reported income of $71k and spending of $69k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $220k to $71k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 122% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pinnacle Ministries Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within WI. Charities of a similar size with the same main cause include National Charity League Inc Milton Chapter ($71k), Friends of Laughing Buck Farm ($71k) and Trustees of Purdue University ($71k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.7% of the total. At year end it held assets of $18k against liabilities of $396, net assets of $18k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 1.7%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Charity League Inc Milton Chapter | Alpharetta | $71k |
| Friends of Laughing Buck Farm | Fort Collins | $71k |
| Trustees of Purdue University | Goshen | $71k |
| Celebrate Rva | Richmond | $71k |