Pine Forest Rest Inc

Analysis

Pine Forest Rest Inc is a registered charity in United States, based in Woodland, NC. It received its IRS tax-exemption ruling in December 1996, 30 years ago. 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 September 2024, Pine Forest Rest Inc reported income of $1.1m and spending of $622k, leaving 45% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $667k to $1.1m (+70%), an average of +14% a year. The sharpest change came in the year to September 2024, when income rose by 99%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine Forest Rest Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Georgia Junior Golf Foundation Inc ($1.1m), Fort Bend Family Promise ($1.1m) and Massachusetts Computer Using Educators Inc ($1.1m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 43% and program service revenue 56% of the total. Other salaries and wages came to $395k. At year end it held assets of $758k against liabilities of $26k, net assets of $732k. It reported 27 employees.