Pittsburgh Council on Higher Education

Analysis

Pittsburgh Council on Higher Education is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Pittsburgh Council on Higher Education reported income of $1.3m and spending of $645k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $325k to $1.3m (+314%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 1575%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pittsburgh Council on Higher Education sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Southeastern New York Library Resources Council ($1.3m), Edward J Malloy Initiative for Constructive Skills Inc ($1.3m) and Reading Heart ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $280k (43% of expenses). Other salaries and wages came to $122k. At year end it held assets of $1.7m against liabilities of $55k, net assets of $1.7m.