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 December 2023, Allegheny Council to Improve Our Neighborhoods-Housing Incorporated reported income of $252k and spending of $378k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $283k to $252k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 130% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Space on Main ($252k), Ellensburg Downtown Association ($252k) and Georgia Diversified Industries Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.9m against liabilities of $4.4m, net assets of -$1.5m.

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.