Pine Plains Memorial Hall Inc

Analysis

Pine Plains Memorial Hall Inc is a registered charity in United States, based in Pine Plains, NY. It received its IRS tax-exemption ruling in June 2015, 11 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, Pine Plains Memorial Hall Inc reported income of $723k and spending of $951k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $723k (+4.7%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Plains Memorial Hall Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Bayonne Family Community Center ($723k), Our Peaceful Living Inc ($723k) and Belknap House ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $118k (12% of expenses). Other salaries and wages came to $197k. At year end it held assets of $5.2m against liabilities of $383k, net assets of $4.8m. It reported 6 employees.