The Pinon Project

Analysis

The Pinon Project is a registered charity in United States, based in Cortez, CO. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Pinon Project reported income of $3.6m and spending of $3.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Pinon Project sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Twin Harbors Group Home Association Inc ($3.6m), New Sun Rising ($3.6m) and Excel Alaska Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $101k (3.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.2m against liabilities of $2.2m, net assets of $2.0m. It reported 86 employees.