Pink Fund Inc

Analysis

Pink Fund Inc is a registered charity in United States, based in Bingham Farms, MI. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Pink Fund Inc reported income of $3.1m and spending of $2.4m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pink Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include First Image ($3.1m), Porter Hills Home Health West ($3.1m) and Eton Home Care Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $216k (9.1% of expenses). Other salaries and wages came to $383k. At year end it held assets of $2.2m against liabilities of $190k, net assets of $2.0m. It reported 7 employees.