Quick charity verification for Pingry Corporation (EIN: 221493168)
Verdict: Pingry Corporation appears trustworthy
85/100Mission Score
$100.7MRevenue
$247.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently high program spending, averaging 88% of total expenses in the most recent filing.
Strong asset base of $247,021,264, indicating financial stability and capacity.
Healthy revenue stream of $100,660,847, demonstrating robust fundraising and operational success.
Consistent growth in net assets over the past several years, reflecting sound financial management.
Low administrative and fundraising overhead, indicating efficient operations.
Spending Breakdown
How Pingry Corporation allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Pingry Corporation
Is Pingry Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pingry Corporation (EIN: 221493168) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Pingry Corporation a good charity to donate to?
Pingry Corporation has a Mission Score of 85/100. Revenue: $100.7M. Assets: $247.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pingry Corporation?
The Employer Identification Number (EIN) for Pingry Corporation is 221493168. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Pingry Corporation spend its money?
Pingry Corporation allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pingry Corporation's tax-exempt status?
You can verify Pingry Corporation's tax-exempt status using EIN 221493168 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Pingry Corporation is a education nonprofit based in Basking Ridge, New Jersey, with reported revenue of $100.7M and assets of $247.0M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. Executive compensation appears reasonable given the organization's size and revenue, with no individual compensation figures raising concerns based on available filings. Revenue has grown +34% across 13 filing periods.