Chatham University

Analysis

Chatham University is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chatham University reported income of $117.4m and spending of $103.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $88.1m to $117.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chatham University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Kipp New Orleans Inc ($117.4m), Franklin Academy Foundation Inc ($117.7m) and Gateway Community Charters ($117.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2.2m (2.1% of expenses). Other salaries and wages came to $31.2m. At year end it held assets of $217.3m against liabilities of $85.3m, net assets of $132.0m. It reported 1,482 employees.