Pine Grove Academy Inc

Analysis

Pine Grove Academy Inc is a registered charity in United States, based in Post Falls, ID. It received its IRS tax-exemption ruling in August 2021, 5 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pine Grove Academy Inc reported income of $524k and spending of $441k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $357k to $524k (+47%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine Grove Academy Inc 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 75th percentile within ID. Charities of a similar size with the same main cause include New Mexico Trial Lawyers Association Foundation ($524k), National Kidney Foundation ($524k) and Young Naperville Singers ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $81k (18% of expenses). Other salaries and wages came to $117k. At year end it held assets of $163k against liabilities of $27k, net assets of $136k.