Pineapple Project of Largo

Analysis

Pineapple Project of Largo is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in July 2020, 6 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 December 2023, Pineapple Project of Largo reported income of $97k and spending of $78k, spending 81% of its income. Across the 3 years on record, from June 2022 to December 2023, income grew from $77k to $97k (+26%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pineapple Project of Largo sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Passaic County 200 Club Jersey Nonprofit Corporation ($97k), Rise Concept ($97k) and Mustard Seed Generation Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $3,255, net assets of $51k.