Pinecrest Athletics Club Inc

Analysis

Pinecrest Athletics Club Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Pinecrest Athletics Club Inc reported income of $937k and spending of $844k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $559k to $937k (+68%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pinecrest Athletics Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Bridgeusa Group ($937k), Make It Movement Inc ($938k) and Student Association of the State University of N Y at Fredonia ($937k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $1.0m against liabilities of $363k, net assets of $652k.