The Childrens Institute of Pittsburgh

Analysis

The Childrens Institute of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1998, 28 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, The Childrens Institute of Pittsburgh reported income of $25.6m and spending of $20.8m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $36.3m to $25.6m (-29%), an average of -8.4% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Childrens Institute of Pittsburgh sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Buckley School in the City of New York ($25.6m), Lifespan School Solutions Inc ($25.6m) and The Oakland Public Education Fund ($25.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 46% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $134.1m against liabilities of $27.4m, net assets of $106.7m. It reported 384 employees.