Holy Family Institute

Analysis

Holy Family Institute is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holy Family Institute reported income of $28.4m and spending of $31.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.2m to $28.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holy Family Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Community Action Partnership of Lancaster County Inc ($28.4m), Shangri-La Corporation ($28.4m) and Merakey Woodhaven ($28.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $312k (1.0% of expenses). Other salaries and wages came to $17.6m. At year end it held assets of $16.9m against liabilities of $2.0m, net assets of $14.9m. It reported 524 employees.