The Pinhead Institute Inc

Analysis

The Pinhead Institute Inc is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in May 2002, 24 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, The Pinhead Institute Inc reported income of $658k and spending of $652k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $658k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Pinhead Institute Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Native Star Foundation ($657k), Camp Wannado After School Program Inc ($658k) and Camp Blue Diamond ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $170k (26% of expenses). Other salaries and wages came to $137k. At year end it held assets of $243k against liabilities of $0, net assets of $243k. It reported 17 employees.