Pine Street Inn Inc
Overview
Mission
The mission of pine street inn is to end homelessness. Pine street inn partners with homeless individuals to help them move from the streets and shelter to a home and assists formerly homeless individuals in retaining housing. We provide street outreach, emergency services, supportive housing, job training and connections to employment. We tirelessly advocate for collaborative solutions to end homelessness.
What it reported doing in 2024
Workforce developmentpine street inn's workforce development programs include food services, job training, employment services and social enterprises. These programs are designed to provide educational and training opportunities to gain skills and employment. The program prepared, shipped, served and delivered 1,265,000 meals, or over 3,400 meals a day, for pine street inn shelter guests and other human services providers, engaging 116 shelter and re-entry participants in a food service training program. Additionally, more than 50 guests participated in housekeeping training programs. The programs continue to expand and enhance its educational curriculum offerings in financial literacy, digital literacy and interpersonal and life skills, which are so important in getting and retaining employment in these times. Furthermore, the workforce development program has expanded service offerings that include cori seals, clothing referrals, identification needs, and housing pathway referrals. Approximately 61% of trainees participated in internships with 58 job placements with an average hourly wage of $19.62.pine street's residential addiction services program provides intensive round-the-clock support and structured individual and group behavioral health and wellness counseling to homeless individuals leaving detoxification centers. The goal of the program is to help participants prevent relapse and gain momentum towards permanent housing. More than 285 individuals participated in the post-detox program in fy25.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 042516093
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2023
- Headquarters
- Boston, MA, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 79.4%; rating input score 79
- Fundraising efficiency: $16.29 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 15.7%; rating input score 83; 83rd percentile among comparable filings
- Operating reserve ratio: 2.34; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 7.5% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 79.4% of spending went to programs
- Governance: 25 of 25 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $79.2M in reported program spending
- Leadership: top reported pay $432K · 36 people listed · 4 of 6 pay-setting controls reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Money network: 9 filed money-flow records
- Related organizations: 6 filed related-organization links