Pine Island Area Home Services Inc

Analysis

Pine Island Area Home Services Inc is a registered charity in United States, based in Pine Island, MN. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pine Island Area Home Services Inc reported income of $64k and spending of $62k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $64k (-14%), an average of -14% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Island Area Home Services Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Agape Hospice and Palliative Care ($64k), Batesville Area Resource Center Inc ($64k) and Collaborative Connections Incorporated ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.7% of the total. At year end it held assets of $156k against liabilities of $766, net assets of $155k.