Lifes Work of Western Pa

Analysis

Lifes Work of Western Pa is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 1950, 76 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 June 2023, Lifes Work of Western Pa reported income of $6.4m and spending of $7.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $6.4m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2020, when income rose by 73%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lifes Work of Western Pa sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Jewish Home and Aging Services ($6.4m), Goodwill Industries of Ashtabula Inc ($6.4m) and Guardianship Program of Dade County Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $453k (6.5% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $7.8m against liabilities of $3.8m, net assets of $4.0m. It reported 278 employees.