Pine Harbour Inc

Analysis

Pine Harbour Inc is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in July 2006, 20 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 Harbour Inc reported income of $4.1m and spending of $3.8m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.3m to $4.1m (+24%), an average of +4.5% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Harbour Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Abilities Richmond ($4.1m), A New Day Inc ($4.1m) and The Willows Foundation Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $112k (2.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.4m against liabilities of $6.3m, net assets of $1.1m. It reported 124 employees.