The Pointe

Analysis

The Pointe is a registered charity in United States, based in Oil City, PA. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2023, The Pointe reported income of $224k and spending of $187k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $191k to $224k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Pointe sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Little Wish Foundation Inc ($224k), Mya Womens Center Inc ($224k) and Ron Finley Project ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $39k (21% of expenses). Other salaries and wages came to $65k. At year end it held assets of $86k against liabilities of $12k, net assets of $75k. It reported 9 employees.