Pine Woods Inc

Analysis

Pine Woods Inc is a registered charity in United States, based in Cutler Bay, FL. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Woods Inc reported income of $3.8m and spending of $3.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.8m (+19%), an average of +4.4% a year. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pine Woods Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Alaska Works Partnership Inc ($3.8m), Siena on the Lake Inc ($3.8m) and Lower Cape Cod Community Development Corporation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $11.9m against liabilities of $588k, net assets of $11.3m.