Pink Aid Inc

Analysis

Pink Aid Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Pink Aid Inc reported income of $3.0m and spending of $1.9m, leaving 35% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.4m to $3.0m (+118%), an average of +22% a year. The sharpest change came in the year to March 2024, when income rose by 46%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pink Aid Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Great Rivers United Way Inc ($3.0m), Sturgis Area Community Foundation ($3.0m) and The Florida Concrete Masonry Education Council Inc ($3.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $156k. At year end it held assets of $3.6m against liabilities of $623k, net assets of $3.0m. It reported 3 employees.