Allegheny Council to Improve Our Neighborhoods Housing Inc

Analysis

Allegheny Council to Improve Our Neighborhoods Housing Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1957, 69 years ago. 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 Inc reported income of $82k and spending of $213k, spending 261% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $82k (-96%), an average of -55% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 6.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allegheny Council to Improve Our Neighborhoods Housing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Long Beach Island Historical Association ($82k), Tipp-Monroe Cable Access Commission Inc ($82k) and Port Jefferson Community Fire Co ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $5.4m against liabilities of $151k, net assets of $5.3m.