Sarah Heinz House Association

Analysis

Sarah Heinz House Association is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1938, 88 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, Sarah Heinz House Association reported income of $2.7m and spending of $3.9m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $2.7m (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sarah Heinz House Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Aurora of Central New York Inc ($2.7m), Fred Jefferson Memorial Home for Boys ($2.7m) and Mountain Laurel Waldorf School Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $286k (7.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $13.4m against liabilities of $144k, net assets of $13.3m. It reported 92 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.