Brashear Association Incorporated

Analysis

Brashear Association Incorporated is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1950, 76 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Brashear Association Incorporated reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $496k to $1.5m (+202%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brashear Association Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Newday Services for Children & Families ($1.5m), Catherine Morrill Day Nursery ($1.5m) and South Peninsula Haven House Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $166k (12% of expenses). Other salaries and wages came to $429k. At year end it held assets of $8.0m against liabilities of $53k, net assets of $7.9m. It reported 19 employees.