Pine Cone Foundation

Analysis

Pine Cone Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Pine Cone Foundation reported income of $111k and spending of $123k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $111k (+223%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Cone Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Mallard Creek High School Athletic Booster Club Inc ($111k), The Boyd County Quarterback Club ($111k) and Vincennes Rotary Foundation Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $47k (39% of expenses). At year end it held assets of $258k against liabilities of $2,549, net assets of $255k.