Pinky Cole Foundation

Analysis

Pinky Cole Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pinky Cole Foundation reported income of $195k and spending of $171k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $417k to $195k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pinky Cole Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Kpas Inc ($195k), Heritage Figure Skating Club ($195k) and Mosaic Interfaith Youth Action Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $113k against liabilities of $0, net assets of $113k.