Associated Charities of Titusville Pennsylvania
Analysis
Associated Charities of Titusville Pennsylvania is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in February 1954, 72 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, Associated Charities of Titusville Pennsylvania reported income of $262k and spending of $211k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $262k (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated Charities of Titusville Pennsylvania sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Acalanes Booster Club ($262k), Tri-City Shooting Association ($262k) and B K S Iyengar Yoga Association of Los Angeles ($262k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Other salaries and wages came to $76k. At year end it held assets of $1.3m against liabilities of $2,953, net assets of $1.3m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Acalanes Booster Club | Lafayette | $262k |
| Tri-City Shooting Association | Richland | $262k |
| B K S Iyengar Yoga Association of Los Angeles | Los Angeles | $262k |
| Stage Harbor Sailing School Inc | Brewster | $262k |