Black Pine Circle Inc

Analysis

Black Pine Circle Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Black Pine Circle Inc reported income of $12.0m and spending of $12.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.8m to $12.0m (+23%), an average of +5.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Pine Circle Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Bakersfield Christian High School ($12.0m), Harding Academy of Memphis Inc ($12.0m) and All Our Kin Inc ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $888k (7.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $11.4m against liabilities of $9.1m, net assets of $2.3m. It reported 90 employees.