Pine Ridge Residence Inc

Analysis

Pine Ridge Residence Inc is a registered charity in United States, based in Bagley, MN. It received its IRS tax-exemption ruling in January 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pine Ridge Residence Inc reported income of $660k and spending of $735k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $660k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine Ridge Residence Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Alhambra Educational Foundation ($660k), World Flying Disc Federation ($660k) and Black Business Alliance Peoria Chapter Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $505k. At year end it held assets of $408k against liabilities of $43k, net assets of $365k. It reported 29 employees.