Travelers Aid Society of Pittsburgh

Analysis

Travelers Aid Society of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1938, 88 years ago. 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, Travelers Aid Society of Pittsburgh reported income of $4.8m and spending of $4.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.2m to $4.8m (-34%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. 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, Travelers Aid Society of Pittsburgh sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Chicago Cubs Charities ($4.8m), Adaptive Sports Center of Crested Butte Inc ($4.8m) and The Lifespace Foundation ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $197k (4.3% of expenses). Other salaries and wages came to $640k. At year end it held assets of $7.3m against liabilities of $514k, net assets of $6.8m. It reported 16 employees.