Metowers Inc

Analysis

Metowers Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Metowers Inc reported income of $530k and spending of $498k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $530k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 468896%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Metowers Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Atlanta Berean Community Development Corporation ($530k), Holy Redeemer Senior Citizens Facility ($530k) and Living Stream Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $348k. At year end it held assets of $1.9m against liabilities of $12k, net assets of $1.9m. It reported 5 employees.