Pinyon Foundation

Analysis

Pinyon Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in March 2013, 13 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, Pinyon Foundation reported income of $483k and spending of $350k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $273k to $483k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinyon Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Corise Illinois ($483k), Wvhy Inc ($483k) and Media Projects for Relationships Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $206k (59% of expenses). At year end it held assets of $484k against liabilities of $15k, net assets of $470k. It reported 2 employees.