School Facility Development Inc

Analysis

School Facility Development Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, School Facility Development Inc reported income of $2.0m and spending of $1.4m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.0m (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income rose by 181%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School Facility Development Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Brooklyn Tech Alumni Foundation Inc ($2.0m), Pope John Paul II High School ($2.0m) and American Renaissance Academy ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $20.0m against liabilities of $16.0m, net assets of $4.0m.