Literacy Pittsburgh

Analysis

Literacy Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Literacy Pittsburgh reported income of $10.5m and spending of $6.8m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.9m to $10.5m (+112%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Pittsburgh sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Three Rivers Education Foundation Inc ($10.5m), Education Reform Now Inc ($10.5m) and Defending Democracy Together Institute ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $482k (7.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $10.8m against liabilities of $1.9m, net assets of $8.9m. It reported 101 employees.