Pinewood Schools of Thessaloniki Greece

Analysis

Pinewood Schools of Thessaloniki Greece is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 2016, 10 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, Pinewood Schools of Thessaloniki Greece reported income of $6.5m and spending of $6.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pinewood Schools of Thessaloniki Greece sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within RI. Charities of a similar size with the same main cause include Littleton Preparatory Charter School ($6.5m), Wasatch Waldorf Charter School ($6.5m) and Primo Center for Women and Children ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $177k (3.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $4.9m against liabilities of $1.8m, net assets of $3.1m.