Pinnacle Foundation

Analysis

Pinnacle Foundation is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Foundation reported income of $61k and spending of $53k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $61k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pinnacle Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NH. Charities of a similar size with the same main cause include Burmese Buddhist Association ($61k), David City Library Foundation ($61k) and Valley Lodge ($61k).

At year end it held assets of $19k against liabilities of $0, net assets of $19k.