Pinetree Institute

Analysis

Pinetree Institute is a registered charity in United States, based in Eliot, ME. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pinetree Institute reported income of $443k and spending of $402k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $233k to $443k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pinetree Institute sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include Trinity Western University Foundation U S ($443k), Lexington Friends Preschool Inc ($443k) and Fort Thomas Education Foundation Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $326k. At year end it held assets of $35k against liabilities of $141k, net assets of -$106k. It reported 6 employees.