Pinnacle Partnerships Corporation

Analysis

Pinnacle Partnerships Corporation is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Pinnacle Partnerships Corporation reported income of $512k and spending of $501k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $556k to $512k (-8.0%), an average of -8.0% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pinnacle Partnerships Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include The Miami Herald Charities Inc ($511k), National Field Archery Association Foundation ($512k) and New Horizons Adoption Agency Inc ($511k).

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