Allegheny Council to Improve Our Neighborhoods-Housing Incorporated

Analysis

Allegheny Council to Improve Our Neighborhoods-Housing Incorporated is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Allegheny Council to Improve Our Neighborhoods-Housing Incorporated reported income of $109k and spending of $137k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $197k to $109k (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 51%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Allegheny Council to Improve Our Neighborhoods-Housing Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Fresh Start SC ($109k), Greensboro Chamber Foundation ($109k) and Downtown Development Corporation of Peoria ($109k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $6,000. At year end it held assets of $844k against liabilities of $1.5m, net assets of -$627k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.