Pine Island Sharing Shelves

Analysis

Pine Island Sharing Shelves is a registered charity in United States, based in Pine Island, MN. It received its IRS tax-exemption ruling in November 1991, 35 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 Island Sharing Shelves reported income of $64k and spending of $56k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $64k (-12%), an average of -12% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Island Sharing Shelves sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Assistance Service Dog Educational Center Inc ($64k), Matthews Moonlight Foundation ($64k) and Edenhurst Community Center ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.