Treasure House

Analysis

Treasure House is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Treasure House reported income of $281k and spending of $216k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $410k to $281k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Treasure House sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Shepherds Hand Inc ($281k), Hopestone Cancer Support Center of Bartlesville Inc ($281k) and Newton Highlands Community Development Corp ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 238% of the total. Other salaries and wages came to $96k. At year end it held assets of $1.2m against liabilities of $599k, net assets of $601k. It reported 2 employees.