Pittsburgh Metropolitan Area Hispanic Chamber of Commerce Found

Analysis

Pittsburgh Metropolitan Area Hispanic Chamber of Commerce Found is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pittsburgh Metropolitan Area Hispanic Chamber of Commerce Found reported income of $285k and spending of $182k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $285k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pittsburgh Metropolitan Area Hispanic Chamber of Commerce Found sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Vine Neighborhood Association ($284k), Southern Boulevard District Management Association Inc ($285k) and First Call for Help of Ellis County Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 2 employees.