Pine Lake Community Club Inc

Analysis

Pine Lake Community Club Inc is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in December 2019, 7 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, Pine Lake Community Club Inc reported income of $175k and spending of $170k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $228k to $175k (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Lake Community Club Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Ray of Hope Mentoring Inc ($175k), Accessible Festivals ($175k) and C a R E Forward Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $35k (20% of expenses). Other salaries and wages came to $5,958. At year end it held assets of $700k against liabilities of $85k, net assets of $615k. It reported 2 employees.