Pine River Group Home Inc

Analysis

Pine River Group Home Inc is a registered charity in United States, based in Pine River, MN. It received its IRS tax-exemption ruling in September 1977, 49 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 December 2023, Pine River Group Home Inc reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $3.0m (-4.3%), an average of -1.1% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine River Group Home Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Parents Helping Parents Inc ($3.0m), Livingston County Catholic Charities ($3.0m) and Hope Youth Ranch Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $121k (4.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.9m against liabilities of $335k, net assets of $3.5m. It reported 69 employees.