Nick and Dorothy Pinello Charitable TR

Analysis

Nick and Dorothy Pinello Charitable TR is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nick and Dorothy Pinello Charitable TR reported income of $243k and spending of $247k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $196k to $243k (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nick and Dorothy Pinello Charitable TR sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Westlake Education Foundation USA Inc ($243k), Clear Creek Isd Groups ($243k) and Tustin Memorial Academy P T O ($243k).

At year end it held assets of $4.8m against liabilities of $1, net assets of $4.8m.