The Pinecrest Retirement Trust

Analysis

The Pinecrest Retirement Trust is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, The Pinecrest Retirement Trust reported income of $184k and spending of $123k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $184k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 21% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Pinecrest Retirement Trust sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Manheim Community Life Group ($184k), Sean Brook House Inc ($184k) and Nba Disciples Housing of St Louis Columbia Missouri Inc ($184k).

At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.