Pineywoods Community Academy

Analysis

Pineywoods Community Academy is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pineywoods Community Academy reported income of $13.1m and spending of $12.1m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.7m to $13.1m (+23%), an average of +5.2% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pineywoods Community Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Kipp Charlotte Inc ($13.1m), American Cooperative School of Tunis Acst Association ($13.1m) and California Family Foundation ($13.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $263k (2.2% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $28.8m against liabilities of $16.5m, net assets of $12.2m. It reported 96 employees.