Shady Lane

Analysis

Shady Lane is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shady Lane reported income of $2.5m and spending of $2.5m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.5m (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shady Lane sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include The Columbus Jewish Day School ($2.5m), Steel Academy Foundation ($2.5m) and International Trade Education Programs Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $105k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $657k, net assets of $2.0m. It reported 37 employees.