Poise Foundation

Analysis

Poise Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Poise Foundation reported income of $11.3m and spending of $8.7m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $11.3m (+281%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Poise Foundation sits at the 96th percentile: it is larger than about 96% 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 Irving I Moskowitz Foundation ($11.3m), Americas Best Local Charities ($11.4m) and First Community Foundation Partnership of Pennsylvania ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $305k (3.5% of expenses). Other salaries and wages came to $878k. At year end it held assets of $17.2m against liabilities of $2.1m, net assets of $15.2m. It reported 14 employees.