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Massachusetts · Nonprofit

PINE STREET INN INC

PINE STREET INN INC (Massachusetts) receives grants from 534 organizations whose IRS filings report $99,923,853 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($23,359,089). 375 of them have funded it in more than one year.

Revenue FY2025
$118M
Funders on record
534
Grants received
$100M
Net assets
$176M
375/534 repeat funderspeak grant-dependency 19%
01What it does

What Pine Street Inn Inc does

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.

As stated on its FY2025 Form 990.

Programs

  1. Emergency service programspine street inn's emergency service programs provide 100% of boston's adult homeless street outreach and one of the largest single shares of emergency shelter beds in boston. In fy25, we provided shelter and street outreach services to over 5,000 individuals, including enhanced services in one shelter to respond to the needs of people with opioid use disorder. The program goal is first to preserve life safety for all who need it and, through assessment and strategic housing placement services, help and educate individuals on the processes and resources available to move from the street and shelter to permanent housing as quickly as possible and ultimately prevent chronic homelessness.

    $34,755,105 spent
    44% of program spending
  2. Permanent supportive housingpine street's supportive housing program provides the largest single share of permanent housing dedicated to homeless individuals in the city. The goal of the program is to ensure that individuals with a long history of homelessness have a permanent home and gain greater levels of self-sufficiency over time through individual service plans. The program encompasses more than 1,100 units of housing and the clinical support services needed to stabilize chronically homeless and disabled individuals in that housing. In fy25, pine street's housing program supported 1,188 individuals in housing with 98% of those individuals retaining their housing. Forty-one tenants reached self-sufficiency and moved on from psi's supportive housing to independent community-based living. This created an opportunity to offer housing to 41 new tenants within our existing housing portfolio.

    $30,871,518 spent$9,048,948 earned by the program
    39% of program spending
  3. Housing placementpine street inn partners with both public and private funders in delivering housing placement and stabilization services. In fy25, 350 individuals from the street and shelter were housed through these services. Our services are based on evidence-based models, innovation and ongoing research, which leverages all possible resources to bring individuals out of homelessness as quickly as possible. Our housing placement services start at the front door with triage where we work with individuals immediately to resolve their housing crisis. For individuals with more complex housing barriers, rapid rehousing services provide housing search, income maximization, placement and community-based stabilization services. For chronically homeless individuals, a special housing navigation team works in conjunction with the city of boston continuum of care to engage and match individuals with the availability of permanent supportive housing.

    $8,003,432 spent$11,395 earned by the program
    10% of program spending
  4. 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…

    $5,586,620 spent$4,872,507 earned by the program
    7% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $79,216,675.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($53M) Expenses 100 ($49M) Net assets 100 ($63M)2018 Revenue 117 ($62M) Expenses 109 ($54M) Net assets 115 ($72M)2019 Revenue 124 ($66M) Expenses 112 ($55M) Net assets 131 ($83M)2020 Revenue 163 ($87M) Expenses 127 ($63M) Net assets 169 ($106M)2021 Revenue 156 ($83M) Expenses 148 ($73M) Net assets 200 ($126M)2022 Revenue 166 ($88M) Expenses 155 ($76M) Net assets 199 ($125M)2023 Revenue 183 ($97M) Expenses 185 ($91M) Net assets 221 ($139M)2024 Revenue 189 ($100M) Expenses 186 ($92M) Net assets 245 ($154M)2025 Revenue 223 ($118M) Expenses 202 ($100M) Net assets 279 ($176M)
'17'18'19'20'21'22'23'24'25
Revenue (223)Expenses (202)Net assets (279)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $154M to $189M (+23%).

$87M
$100M
$111M
$133M
$153M
$154M
$189M
$206M
$233M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 56% · 2018 52% · 2019 50% · 2020 43% · 2021 53% · 2022 53% · 2023 58% · 2024 55% · 2025 49%. Grants only. Government contracts and fees sit inside program revenue.

82% of PINE STREET INN INC’s revenue is contributions — more donation-reliant than the typical peer (17% for the typical peer).

This organization
Typical peer · 265 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$3.9M
’17
$8.8M
’18
$10M
’19
$24M
’20
$10M
’21
$12M
’22
$6.3M
’23
$8.7M
’24
$19M
’25
4.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lyndia Downie

Pres. & executive director

Board chair

Lorn Davis

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed394040414043393636
Joined·+6+4+4+5+7+3+1+8
No longer listed·54364748
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 134 funders to 265 funders, grant income rose $3.4M → $11M.

44 of 534 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PINE STREET INN INC’s funders (the co-funder graph). Top 30 of 534 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PINE STREET INN INC has a broad base — no single funder exceeds 23% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PINE STREET INN INC.

23%
largest funder
39%
top three
~13
effective funders

Largest funder’s share by year: 2017 39% · 2018 23% · 2019 26% · 2020 18% · 2021 23% · 2022 23% · 2023 25% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

56% of PINE STREET INN INC's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

86% of PINE STREET INN INC's grant income comes from Massachusetts funders.

ME
VT
NH
WA
MN
IL
WI
MI
NY
MA
OR
NV
IA
OH
PA
NJ
CT
RI
CA
NE
MO
VA
MD
DE
TN
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $45M arriving through sponsors registered in 23 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PINE STREET INN INC runs a healthier operating margin than three-quarters of the 180 human services nonprofits its size.

Operating margin16% · top quartile
Months of reserve4.8mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 180 human services nonprofits over $100M, FY2025

Government funding PINE STREET INN INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $81.0M on record — $3.6M federal, $77.4M state.

Federal$3.6M
grants $3.6Mcontracts $0
17
18
19
20
21
22
23
25
Top agencies
  • Department of Veterans Affairs$3.1M
  • Department of Housing and Urban Development$527k
State$77.4M
17
18
19
20
21
22
23
24
25
Top programs
  • (MM) PURCHASED CLIENT/PROGRAM SVCS$54.3M
  • (PP) STATE AID/POL SUB$23.0M
  • (RR) BENEFIT PROGRAMS$17k
  • (EE) ADMINISTRATIVE EXPENSES$9k
  • (JJ) OPERATIONAL SERVICES$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PINE STREET INN INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 15%Fundraising 6%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 12 states

NH
IL
NY
MA
PA
NJ
RI
CA
VA
MD
NC
FL

Part of a family of 7 related entities

  • Parker Hill LLC · disregarded
  • 1734 Washington Street LP · disregarded
  • Pine Street Inn Housing II Inc · exempt
  • 51-57 Beals Street LLC · partnership
  • 1734 Washington Street Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for PINE STREET INN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PINE STREET INN INC?
PINE STREET INN INC (Massachusetts) receives grants from 534 organizations whose IRS filings report $99,923,853 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($23,359,089). 375 of them have funded it in more than one year.
How many funders does PINE STREET INN INC have?
IRS filings report 534 organizations giving $99,923,853 in grants to PINE STREET INN INC, 375 of which have funded it in more than one year.
Who is the largest funder of PINE STREET INN INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $23,359,089 in grants. The full list of funders is on this page.
How can an organization like PINE STREET INN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pine Street Inn →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 534 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing