Pine-Belt Multi-Purpose Community Action Agency Incorporated

Analysis

Pine-Belt Multi-Purpose Community Action Agency Incorporated is a registered charity in United States, based in Jonesboro, LA. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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, Pine-Belt Multi-Purpose Community Action Agency Incorporated reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.2m to $3.1m (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine-Belt Multi-Purpose Community Action Agency Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Reality House Inc ($3.1m), Grand River Area Family Y M C a ($3.1m) and Habitat for Humanity International Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (3.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $582k against liabilities of $291k, net assets of $290k. It reported 81 employees.

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.