The Pines Education Group

Analysis

The Pines Education Group is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, The Pines Education Group reported income of $3.6m and spending of $3.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.6m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 158%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Pines Education Group sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include The Baseball Inc ($3.5m), Mid-Hudson Civic Center Inc ($3.6m) and The Young Mens Christian Association of San Juan ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $131k (3.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.5m against liabilities of $2.9m, net assets of $3.7m. It reported 199 employees.