Pine Gardens I Inc

Analysis

Pine Gardens I Inc is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 October 2023, Pine Gardens I Inc reported income of $3.0m and spending of $3.5m, spending 116% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.9m to $3.0m (+5.6%), an average of +1.4% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pine Gardens I Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Operation Hope of Fairfield Inc ($3.0m), East Carolina Community Development Inc ($3.0m) and Haddon Heights Senior Citizens ($3.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $10.4m against liabilities of $12.3m, net assets of -$1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.