Pittsburgh Vintage Grand Prix Association Inc

Analysis

Pittsburgh Vintage Grand Prix Association Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 October 2023, Pittsburgh Vintage Grand Prix Association Inc reported income of $1.1m and spending of $948k, spending 83% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $527k to $1.1m (+117%), an average of +21% a year. The sharpest change came in the year to October 2021, when income rose by 341%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburgh Vintage Grand Prix Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Flagstaff Arts Council ($1.1m), Hawaii United Okinawa Association ($1.1m) and Urban Art Gallery ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $152k (16% of expenses). At year end it held assets of $1.2m against liabilities of $350k, net assets of $857k. It reported 1 employees.