Pinebrook of Charleston Inc

Analysis

Pinebrook of Charleston Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in December 1992, 34 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 June 2023, Pinebrook of Charleston Inc reported income of $79k and spending of $71k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $284k to $79k (-72%), an average of -72% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinebrook of Charleston Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Simmons Strong Foundation Inc ($79k), Refresh and Resound International ($79k) and Patterson Junior Tigers Youth Football and Cheer ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $278k against liabilities of $509k, net assets of -$231k.